Abate As Industries Faces Significant Selling Pressure with 16.53% Monthly Loss and Declining Trend
Abate As Industries Ltd is experiencing notable selling pressure, with the stock declining significantly over various time frames. The company's performance contrasts sharply with the broader market, as it trades below several moving averages and has shown no growth over the past year, reflecting ongoing challenges in investor sentiment and sector dynamics.
Abate As Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses, falling by 2.00% in just one day, and a total decline of 3.92% over the last two days. This performance starkly contrasts with the broader market, as the Sensex has only decreased by 0.34% today.Over the past week, Abate As Industries has seen a decline of 5.82%, while the Sensex has dropped by a mere 1.05%. The stock's performance over the past month is particularly concerning, with a 16.53% decrease compared to a slight gain of 0.64% for the Sensex.
Despite being higher than the 200-day moving average, Abate As Industries is currently trading below its 5-day, 20-day, 50-day, and 100-day moving averages, indicating a bearish trend. The microcap hospital industry player has not shown any growth over the past year, aligning with the Sensex's decline of 3.64%. The ongoing selling pressure may be attributed to various market dynamics, including investor sentiment and sector-specific challenges.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
