Anik Industries Faces Intense Selling Pressure Amid Significant Price Declines

May 06 2025 02:15 PM IST
share
Share Via
Anik Industries Ltd is experiencing significant selling pressure, marking its fourth consecutive day of losses. The stock has notably underperformed the Sensex over various time frames, with declines in both weekly and monthly performance. Despite a strong yearly performance, year-to-date results show a decline, reflecting a shift in market sentiment.
Anik Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced a notable decline of 4.87% in just one day, contrasting sharply with the Sensex, which has only dipped by 0.21%. This marks the fourth consecutive day of losses for Anik Industries, accumulating a total decline of 7.14% over this period.

In the broader context, Anik Industries has underperformed the Sensex across various time frames. Over the past week, the stock has fallen 7.14%, while the Sensex has gained 0.42%. The one-month performance reveals a stark decline of 14.86% for Anik Industries compared to a 6.99% increase in the Sensex. Despite a strong yearly performance of 97.38%, the year-to-date results show a decline of 8.55%, while the Sensex has risen by 3.19%.

Today's trading saw Anik Industries open with a gap down at Rs 105.4, reaching an intraday low of the same price. The stock's performance today has underperformed its sector by 5.13%. Additionally, while it remains above its 200-day moving average, it is trading below its 5-day, 20-day, 50-day, and 100-day moving averages, indicating a potential shift in market sentiment.
{{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