Sundaram Finance Faces Volatility Amid Mixed Performance Against Market Trends

Jan 22 2025 12:35 PM IST
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Sundaram Finance experienced significant trading activity on January 22, 2025, with a decline of 3.01%. The stock has underperformed over the past two days, despite a positive monthly performance. It is currently positioned variably against its moving averages, reflecting mixed short- and long-term trends.
Sundaram Finance, a key player in the finance and non-banking financial company (NBFC) sector, has seen notable activity today, with a decline of 3.01% on January 22, 2025. Over the past two days, the stock has underperformed, dropping 4.52%. During today's trading, it reached an intraday high of Rs 4719.8, reflecting a gain of 2.01%, while the intraday low was Rs 4471.3, indicating a decrease of 3.36%.

In terms of moving averages, Sundaram Finance is currently positioned above the 20-day and 50-day moving averages but below the 5-day, 100-day, and 200-day moving averages. On a one-day performance basis, the stock recorded a decline of 2.74%, contrasting with the Sensex, which experienced a slight increase of 0.19%. However, over the past month, Sundaram Finance has shown a positive performance of 5.83%, while the Sensex has decreased by 2.64%.
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