Choksi Asia Ltd Faces Intense Selling Pressure Amid Ongoing Price Declines
Choksi Asia Ltd is experiencing significant selling pressure, with a notable decline in its stock price amid a broader market gain. The stock has faced consecutive losses recently, despite a positive monthly performance. Current trading indicates a potential shift in momentum, influenced by market sentiment and sector challenges.
Choksi Asia Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has experienced a notable decline of 4.97%, contrasting sharply with the Sensex, which has gained 0.28% today. This marks a continuation of a downward trend, as Choksi Asia has recorded consecutive losses over the past few days, reversing gains made earlier.In the past week, the stock has decreased by 1.85%, while the Sensex has risen by 0.32%. Over the last month, Choksi Asia's performance remains positive at 1.33%, but this is overshadowed by its recent struggles. The stock's performance over three months shows a decline of 3.15%, compared to a slight drop of 0.22% in the Sensex.
The price summary indicates that Choksi Asia touched an intraday low of Rs 95.4 today. Despite being above the 20-day, 100-day, and 200-day moving averages, it is currently below the 5-day and 50-day moving averages, suggesting a potential shift in momentum. Contributing factors to the selling pressure may include market sentiment and sector-specific challenges within the FMCG industry.
{{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
