Price Movement and Market Comparison
The stock's fall on 29-Dec was marked by an opening gap down of 13.52%, signalling immediate bearish sentiment among investors. Throughout the day, the share price touched an intraday low of ₹21.85, representing a 14.11% decline from the prior close. The trading range was notably wide at ₹2.28, indicating volatility and uncertainty in the stock’s price action.
When compared to the broader market, Suryavanshi Spinning Mills has underperformed considerably. Over the past month, the stock has declined by 7.82%, whereas the Sensex has only fallen by 1.18%. The year-to-date figures further emphasise this divergence, with the stock down 7.89% while the Sensex has gained 8.39%. Even over a one-year horizon, the stock has lost 5.41% in valu...
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