Recent Price Movement and Market Context
On 09-Dec, Spacenet Enterprises India Ltd’s shares declined by ₹0.25, or 3.47%, closing at ₹6.96. This drop is part of a broader negative trend, with the stock underperforming its sector by 5.23% on the day. The company’s shares are trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained bearish momentum. This contrasts with the broader BSE Small Cap index, which gained 1.27% on the same day, highlighting the stock’s relative weakness in the current market environment.
Over the past week, the stock has declined by 11.11%, significantly underperforming the Sensex, which fell only 0.74%. The one-month performance shows an even steeper decline of 28.10%, while ...
Read More










