Why is Suryalata Spg. falling/rising?

Sep 04 2025 10:40 PM IST
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As of 04-Sep, Suryalata Spinning Mills Ltd's stock price is Rs 313.25, down 4.79%, and has underperformed its sector. Despite positive financial indicators, the stock has declined significantly over the past year, reflecting cautious investor sentiment.
As of 04-Sep, Suryalata Spinning Mills Ltd is experiencing a decline in its stock price, currently at Rs 313.25, which reflects a decrease of Rs 15.75 or 4.79%. Today's price summary indicates that the stock has underperformed its sector by 3.72% and has fallen after three consecutive days of gains. The stock reached an intraday low of Rs 313.1 and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a decline in investor participation, with delivery volume falling by 5.36% against the 5-day average. Over the past month, the stock has decreased by 5.25%, while it has seen a significant drop of 23.19% over the past year, despite a 35.8% increase in profits.

In the broader market context, the stock's short-term return of +0.40% over the past week is lower than the Sensex, which has risen by 0.80%. While the stock has shown some positive financial indicators, such as a strong operating profit to interest ratio and a low debt-equity ratio, these have not translated into positive stock performance in the short term. The stock is trading at a discount compared to its peers, but the overall negative sentiment and recent price movements suggest that investors are cautious, leading to the current decline.
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