Why is Symphony falling/rising?

Sep 23 2025 09:34 PM IST
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As of 23-Sep, Symphony Ltd. is facing a stock price decline to Rs. 922.75, down 1.59%, with a significant year-to-date drop of 31.36% and a concerning one-year return of -43.80%. The company's financial struggles and underperformance relative to its sector and benchmarks have negatively affected investor sentiment.
As of 23-Sep, Symphony Ltd. is experiencing a decline in its stock price, currently at Rs. 922.75, which represents a decrease of Rs. 14.9 or 1.59%. The stock has recently hit a new 52-week low of Rs. 918 and has been underperforming its sector by 0.76%. Over the past week, Symphony has fallen by 3.29%, and its year-to-date performance shows a significant drop of 31.36%. The company's financial health is concerning, with net sales and profits declining sharply, leading to a one-year return of -43.80%. Despite having a high return on equity and a low debt-to-equity ratio, the overall poor long-term growth and recent financial performance have negatively impacted investor sentiment.

In the broader market context, Symphony's short-term performance has been notably worse than the benchmark, with a 1-week decline of 3.29% compared to the Sensex's minor drop of 0.34%. This underperformance is indicative of broader issues within the company, as it has consistently lagged behind the BSE500 over various time frames, including the last three years and one year. The stock's liquidity remains adequate, but the persistent decline in sales and profits suggests that investor confidence is waning, contributing to the stock's downward trajectory.
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