Highlights
- Suratwwala Business Group shares declined 16.94% during Monday’s trading session.
• December quarter net profit stood at INR 1,113.11 lakh.
• Investors tracked the stock after renewed weakness near recent lows.
Suratwwala Business Group Ltd. (NSE: SBGLP) moved sharply lower in the latest trading session, with the stock ending at INR 18.54, down 16.94% from its previous close of INR 22.32. The stock opened at INR 22.70 and touched an intraday high of INR 23.21, while the day’s low stood at INR 18.35. Volume-weighted average price for the session was recorded at INR 19.62.
The latest decline placed the stock among the top losers on the exchange. The scrip also remains in focus because its high-low price variation exceeded 75.00% during the previous three months and more than 100.00% during the previous six months.
Fundamental View: December Quarter Profit Fails to Support Sentiment
For the quarter ended December 31, 2025, Suratwwala Business Group reported consolidated total income of INR 4,223.43 lakh. Profit before tax stood at INR 1,510.17 lakh, while net profit came in at INR 1,113.11 lakh. Earnings per share for the quarter was reported at INR 0.62.
Despite the latest profitability figures, the share price remained under pressure. Investors appear to have reassessed the stock after the recent decline, while elevated volatility and uncertainty around near-term direction continued to affect trading activity.
Technical View: Downtrend Returns After Failure Near INR 23.00
The broader structure in Suratwwala Business Group remains weak, with the latest session extending the recent decline. The stock failed to hold above the immediate resistance area near INR 21.00–23.00 and moved sharply lower through the session.
Price action continues to reflect lower highs and lower lows, indicating that the earlier recovery attempt has weakened. The stock also remains under pressure after recent volatility, suggesting that the broader structure has not yet improved.
Momentum Indicator Stays Weak
The 14-day RSI remains below the neutral 50.00 level and continues to indicate weak momentum conditions. The latest fall is likely to keep the RSI near the lower end of its recent range, suggesting that sentiment remains fragile.
Key Technical Levels
At INR 18.54, immediate support is now seen near INR 16.60, followed by stronger downside support around INR 15.00. On the upside, resistance is placed near INR 21.00–23.00.
A move back above INR 21.00 may help stabilise the recent decline, while failure to hold above INR 16.60 could expose the stock to further weakness.
Source: TradingView
Key Risks
- Failure to hold above INR 16.60 may extend the decline.
• High price volatility may keep trading conditions unstable.
• Resistance near INR 21.00–23.00 could restrict recovery.
• Weak momentum may continue to affect investor sentiment.
Summary
Suratwwala Business Group shares fell 16.94% to INR 18.54 after extending their recent decline and slipping below near-term support. Despite reporting December quarter net profit of INR 1,113.11 lakh, the stock remains under pressure. Support is placed near INR 16.60–15.00, while resistance is seen around INR 21.00–23.00. Investors are likely to monitor whether the stock can stabilise above support.
FAQs
- Why did Suratwwala Business Group shares fall 16.94%?
The stock declined after failing to hold above resistance near INR 21.00.
- What was Suratwwala Business Group’s December quarter net profit?
The company reported consolidated net profit of INR 1,113.11 lakh.
- Which price levels are important for SBGLP shares?
Support is near INR 16.60–15.00, while resistance is around INR 21.00–23.00.