Akzo Nobel India Faces Stock Decline Amid Mixed Performance Indicators and Sector Underperformance

Jan 28 2025 10:00 AM IST
share
Share Via
Akzo Nobel India has faced a significant decline in its stock price, underperforming its sector recently. Despite this downturn, the company maintains a high dividend yield and has shown resilience over the past month, outperforming the broader market index. Moving averages indicate mixed short-term performance.
Akzo Nobel India, a midcap player in the paints industry, has experienced a notable decline of 5.27% on January 28, 2025. This drop comes as the stock has underperformed its sector by 3.32%, marking a challenging period for the company. Over the last two days, Akzo Nobel India has seen a consecutive fall, resulting in a total decline of 4.02% during this timeframe.

The stock reached an intraday low of Rs 3,670.55, reflecting a decrease of 3.41% at its lowest point today. In terms of moving averages, the stock remains above its 20-day, 50-day, and 200-day averages, yet it is trading below its 5-day and 100-day moving averages, indicating mixed short-term performance.

Despite the recent downturn, Akzo Nobel India boasts a high dividend yield of 3.91% at the current price. Over the past month, the stock has shown resilience with a performance increase of 5.79%, contrasting with the Sensex's decline of 3.82%.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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