Sundrex Oil

Why is Sundrex Oil Company Ltd falling/rising?

As of 20-Feb, Sundrex Oil Company Ltd's stock price is at Rs. 26.60, reflecting a 5.0% decline and significant underperformance with a 57.20% drop year-to-date. The stock has reached a new low and is trading below all moving averages, indicating a persistent downward trend despite increased investor participation.

As of 20-Feb, Sundrex Oil Company Ltd's stock price is falling, currently at Rs. 26.60, which reflects a decrease of Rs. 1.4 or 5.0%. This decline is evident in the stock's performance over various periods, showing a significant drop of 9.83% over the past week and a staggering 25.07% over the past month. Year-to-date, the stock has plummeted by 57.20%, while the benchmark Sensex has only decreased by 2.14% during the same timeframe, indicating a substantial underperformance relative to the market.<BR><BR>Additionally, the stock has hit a new 52-week and all-time low today, which further emphasizes its downward trend. It is also trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a consistent decline in price momentum. Although there has been a rise in investor participation, with a 15.38% increase in delivery volume compared to the 5-day average, this has not been sufficient to counteract the overall negative sentiment surrounding the stock. Overall, the combination of poor performance metrics and the stock's new low contributes to the ongoing decline in Sundrex Oil Company Ltd's stock price.

Which are the latest news on Sundrex Oil?