Abate As Industries Faces Intense Selling Pressure Amid Consecutive Losses
Abate As Industries Ltd is experiencing notable selling pressure, with a seven-day decline resulting in a significant loss. Today's performance contrasts with the Sensex, which has gained. Despite strong long-term growth, recent trends indicate potential challenges for the company, as it underperforms its sector and key moving averages.
Abate As Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past seven days, resulting in a total loss of 12.99%. Today's performance reflects a decrease of 1.96%, contrasting sharply with the Sensex, which has gained 0.32%.Over the past week, Abate As Industries has underperformed, with a decline of 9.45% compared to a negligible drop of 0.06% in the Sensex. Despite a strong performance over the past three years, where the stock surged by 378.43%, its recent trajectory raises concerns.
In terms of moving averages, the stock remains above the 50-day, 100-day, and 200-day averages, yet it is below the 5-day and 20-day averages, indicating a potential shift in momentum. The stock's performance today has underperformed its sector by 2.88%, further highlighting the prevailing selling sentiment.
Overall, the combination of consecutive losses and relative underperformance against the Sensex suggests a challenging environment for Abate As Industries Ltd.
{{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
