Simbhaoli Sugars Experiences Notable Adjustment in Stock Evaluation Amid Market Challenges Simbhaoli Sugars, a microcap player in the sugar industry, has recently undergone a significant adjustment in its evaluation. The stock has reached a new 52-week low, hitting Rs. 18.53, which underscores a considerable downturn in its performance. Over the past two days, Simbhaoli Sugars has faced consecutive declines, resulting in a total drop of 2.83%. In terms of market positioning, the stock has underperformed its sector by 1.02% today, reflecting ongoing challenges within the company. Additionally, it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. In light of these developments, Simbhaoli Sugars has been added to MarketsMOJO's list, emphasizing the need for investors to closely monitor its performance. The company's one-year performance stands at a decline of 34.84%, contrasting sharply with the Sensex's positive return of 7.75%. As the market continues to evolve, stakeholders will be keenly observing any further changes in the stock's score and overall market dynamics.

Dec 31 2024 09:35 AM IST
share
Share Via
Simbhaoli Sugars has recently faced a significant downturn, reaching a new 52-week low and underperforming its sector. The stock has been added to MarketsMojo's list following a revision in its score, highlighting ongoing challenges and a sustained downward trend in its performance metrics over the past year.
Simbhaoli Sugars, a microcap player in the sugar industry, has recently experienced a notable adjustment in its evaluation. The stock has reached a new 52-week low, hitting Rs. 18.53, marking a significant downturn in its performance. Over the past two days, Simbhaoli Sugars has faced consecutive declines, resulting in a total drop of 2.83%.

In terms of market positioning, the stock has underperformed its sector by 1.02% today, reflecting ongoing challenges within the company. Furthermore, it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend.

In light of these developments, Simbhaoli Sugars has been added to MarketsMOJO's list, highlighting the need for investors to closely monitor its performance. The company's one-year performance stands at a decline of 34.84%, contrasting sharply with the Sensex's positive return of 7.75%. As the market continues to evolve, stakeholders will be keenly observing any further changes in the stock's score and overall market dynamics.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News