Why is Symphony falling/rising?

Aug 13 2025 09:11 PM IST
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As of 13-Aug, Symphony Ltd. is facing a decline in its stock price, currently at Rs 956.40, reflecting a significant drop of -16.76% over the past month and a year-to-date loss of -28.85%. The stock is trading near its 52-week low and below key moving averages, indicating a bearish trend and reduced investor interest.
As of 13-Aug, Symphony Ltd. is experiencing a decline in its stock price, currently at Rs 956.40, which reflects a decrease of -2.15 (-0.22%). The stock has underperformed its sector by -0.26% today and has been on a downward trend for the last two days, accumulating a total loss of -0.91%. Over the past week, Symphony has seen a significant drop of -2.97%, and its performance over the last month is even more concerning, with a decline of -16.76%. The stock is currently trading close to its 52-week low, just 1.81% above Rs 939.1. Additionally, the stock is trading below all key moving averages, indicating a bearish trend. The falling investor participation is also notable, with delivery volume dropping by -46.62% compared to the five-day average, suggesting reduced interest from investors.

In the broader market context, Symphony's performance has lagged significantly behind the benchmark Sensex, which has gained +3.07% year-to-date, while Symphony has plummeted by -28.85%. The company's long-term growth prospects appear poor, with net sales and profits declining sharply in recent quarters, contributing to a -42.61% return over the past year. Despite having a high return on equity and a low debt-to-equity ratio, the stock's fundamentals are undermined by weak sales growth and profitability. This combination of factors, including poor recent performance and declining investor interest, has led to the stock's current downward trajectory.
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