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Saregama India downgraded to sell amid mixed signals

after close1 source ↓written by the desknot a recommendation

over five years
15.4%

Saregama India Ltd has been downgraded to sell due to mixed financial signals. The company’s ROE stands at 12.6%, indicating moderate efficiency, while operating profit grew at an annualized rate of 15.4% over five years. Despite being net debt-free, valuation multiples suggest investors are paying a premium for underwhelming growth prospects.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 20 May 2026, 16:09 IST.

Sourcesnews.google.com

The market after the news

SAREGAMA closed 0.0% on the day of the news, from ₹406.50 to ₹406.40; Nifty 0.0% over the same session.

Bulletin at 16:09 IST on 20 May 2026. Every change is measured from ₹406.50, the last close before it, on 20 May. Nifty 50 is measured over the same sessions.

  • SAREGAMA close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
SAREGAMA closes around the bulletin against the close before the news, with Nifty 50 rebased to it342.92409.56476.20axis spans 39%before the news · 20 May406.50Nifty 50SAREGAMAbulletinD0+1+3+514 May26 May5 JunReference close ₹406.50. 16 sessions from 14 May to 5 Jun; the price axis spans 39 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before20 May₹406.50basebase
On the day21 May₹406.400.0%0.0%0.0 pp difference
+1 session22 May₹402.30▼ −1.0%▲ +0.3%−1.3 pp difference
+3 sessions26 May₹396.05▼ −2.6%▲ +1.1%−3.6 pp difference
+5 sessions29 May₹424.15▲ +4.3%▼ −0.5%+4.8 pp difference
Gap at the open, % · ₹
▲ +2.3%+9.51 on 21 May
Day's range, % · ₹
3.9%≈ 16 high to low
Volume on the day
0.28×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · SAREGAMA on the desk →

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