Recent Price Movement and Market Comparison
SGN Telecoms has experienced a significant downturn in its stock performance over the past month, with a steep decline of 36.36%, contrasting sharply with the Sensex’s positive return of 2.16% during the same period. This underperformance extends over longer time frames as well, with the stock down 34.58% over the last year while the Sensex gained 5.32%. Even on a year-to-date basis, SGN Telecoms has fallen by 5.41%, whereas the benchmark index has risen by 9.12%. These figures highlight a persistent weakness in the company’s share price relative to the broader market.
Technical Indicators and Investor Behaviour
Technical analysis reveals that SGN Telecoms is trading below all key moving averages, incl...
Read More





