Why is Syrma SGS Tech. falling/rising?
As of 10-Sep, Syrma SGS Technology Ltd's stock price is Rs 846.90, down 1.4% recently but up 6.96% over the past week and 101.64% over the past year. Despite strong fundamentals and institutional interest, the stock's recent decline and high valuation may indicate shifting market sentiment.
As of 10-Sep, Syrma SGS Technology Ltd's stock price is currently at Rs 846.90, reflecting a decrease of Rs 12.0 or 1.4%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 2.09%. Despite this recent downturn, the stock has shown strong performance over the past week, gaining 6.96%, and has impressive returns of 101.64% over the past year. The company has a low debt-to-equity ratio and has reported significant growth in net sales and operating profit, which has attracted institutional investors, increasing their stake by 1.56%. However, the stock's valuation is considered expensive, and it has recently seen a decline in investor participation, with delivery volume falling by 55.31% against the five-day average.In the broader market context, Syrma SGS Technology Ltd has outperformed the Sensex in both the short and long term, with a year-to-date return of 43.38% compared to the Sensex's 4.21%. Despite this strong performance, the stock's recent decline may be attributed to its current price movement, which is close to its 52-week high, and the falling investor participation indicating a potential shift in market sentiment. The stock's ability to maintain its upward trajectory in the face of recent declines will depend on continued strong fundamentals and investor confidence.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
