Why is Symphony falling/rising?

Jul 24 2025 09:01 PM IST
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As of 24-Jul, Symphony Ltd. is priced at 1,130.00, down 0.05%, and has underperformed recently with a total decline of 3% over two days. Despite strong management efficiency and positive one-month returns, the stock is trading below major moving averages, indicating a bearish trend and negative investor sentiment.
As of 24-Jul, Symphony Ltd. is currently priced at 1,130.00, reflecting a decrease of 0.55 or 0.05%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 3%. In terms of performance against the benchmark, Symphony's one-week return is down 4.02%, while its one-month return shows a positive trend of 5.41%. Despite a high management efficiency indicated by a return on equity (ROE) of 16.86% and strong quarterly growth in net sales and profit before tax, the stock is trading below all major moving averages, suggesting a bearish trend. Additionally, the delivery volume has decreased, indicating falling investor participation, which may contribute to the stock's downward movement.

In the broader market context, Symphony's recent performance contrasts with the Sensex, which has only seen a minor decline of 0.09% over the past week. Over the past three years, Symphony has consistently underperformed against the benchmark, with a return of -0.13% in the last year compared to the Sensex's 2.54% gain. This underperformance, combined with a low growth rate in net sales and operating profit over the past five years, raises concerns about the company's long-term prospects. While the stock is currently liquid enough for trading, the overall sentiment appears to be negative, contributing to its recent price decline.
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