Surya Roshni Faces Bearish Technical Trends Amidst Mixed Long-Term Performance

Surya Roshni, a midcap player in the Steel/Sponge Iron/Pig Iron industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 243.90, down from a previous close of 250.30, with a 52-week high of 371.30 and a low of 212.75. Today's trading saw a high of 255.15 and a low of 243.40.
The technical summary indicates a bearish sentiment across various indicators. The MACD shows a bearish trend on a weekly basis, while the monthly outlook is mildly bearish. Similarly, Bollinger Bands and KST also reflect bearish conditions on a weekly basis, with mild bearishness on a monthly scale. Moving averages further support this trend, indicating bearish momentum.

In terms of performance, Surya Roshni's stock return over the past year stands at -4.02%, contrasting with a 6.65% return from the Sensex. However, over a three-year period, the company has shown significant growth with a return of 127.73%, outperforming the Sensex's 34.74%. Notably, the five-year return is remarkable at 1360.48%, compared to the Sensex's 158.09%. These figures highlight the company's resilience and long-term performance despite recent challenges.