Recent Price Movement and Market Context
The stock’s fall on 05-Feb marks a clear trend reversal after a brief rally. Despite a positive one-week return of 3.27%, the stock has underperformed considerably over longer periods. Over the past month, it has declined by 18.22%, sharply contrasting with the Sensex’s modest 2.49% fall. Year-to-date, the stock is down 21.40%, while the Sensex has only dipped 2.24%. Over the last year, the disparity is even more pronounced, with Standard Engineering Technology Ltd falling 27.58% against the Sensex’s 6.44% gain. This persistent underperformance highlights ongoing challenges for the company’s shares in the broader market context.
Intraday Volatility and Trading Patterns
On the day of the decline, the stock...
Read full news article





