Why is Suryalata Spg. falling/rising?

Sep 02 2025 11:11 PM IST
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As of 02-Sep, Suryalata Spinning Mills Ltd's stock price is 319.90, having increased by 0.6% recently. Despite short-term gains, the stock has underperformed over the past month and year, facing challenges such as weak fundamentals and high pledged promoter shares.
As of 02-Sep, Suryalata Spinning Mills Ltd's stock price is currently at 319.90, reflecting an increase of 1.9 or 0.6%. The stock has been gaining for the last two days, with a total return of 3.78% during this period. However, it has underperformed its sector by 0.39% today. Despite touching an intraday high of Rs 325.75, the stock's performance over the past month shows a decline of 4.26%, and it has generated a return of -21.59% over the past year. Positive factors influencing the stock include strong operating profit to interest ratios and significant growth in profit after tax, alongside a low debt-equity ratio. However, the stock faces challenges due to weak long-term fundamental strength, a high percentage of pledged promoter shares, and below-par performance compared to broader market indices.

In the broader market context, Suryalata Spinning Mills has outperformed the Sensex over the past week, with a return of +3.18% compared to the Sensex's -0.78%. However, its year-to-date performance is concerning, with a decline of -7.07% against the Sensex's gain of +2.58%. The stock's long-term performance has also been lackluster, with a negative return over the past year and three years, indicating a struggle to maintain investor confidence in a challenging market environment.
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