Shriram Properties Faces Sustained Downward Trend Amid Broader Market Challenges

Shriram Properties, a small-cap player in the construction and real estate sector, has experienced significant volatility in its stock performance. On January 28, 2025, the stock declined by 7.02%, marking a new 52-week low of Rs. 82.95. This decline is part of a broader trend, as the stock has underperformed its sector by 6.5% today and has seen a consecutive fall over the last three days, totaling a drop of 15.08% during this period.
In terms of daily performance, Shriram Properties recorded an intraday low of Rs. 82.95, reflecting a decrease of 7.58%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. Over the past month, Shriram Properties has declined by 17.85%, contrasting with the Sensex, which has decreased by only 3.62%. This performance highlights the challenges faced by the company in the current market environment.