CIAN Agro Industries Faces Intense Selling Pressure Amid Significant Price Declines
CIAN Agro Industries & Infrastructure Ltd is experiencing notable selling pressure, with the stock declining for two consecutive days. Despite a strong year-to-date performance, it has faced a significant drop in 2023. The broader solvent extraction sector is also down, potentially impacting CIAN Agro's performance.
CIAN Agro Industries & Infrastructure Ltd is currently facing significant selling pressure, with only sellers active in the market today. The stock has recorded a decline of 2.68%, underperforming the Sensex, which has gained 0.88%. This marks the second consecutive day of losses for CIAN Agro, with a total drop of 3.15% over this period.In the broader context, CIAN Agro's performance over the past week shows a decrease of 5.87%, while the Sensex has risen by 0.63%. Despite a strong year-to-date performance of 908.32%, the stock has seen a decline of 22.93% in 2023, contrasting sharply with the Sensex's modest gain of 2.26%.
The stock opened at Rs 400 today, reflecting a gap down, and has since traded at this price, reaching an intraday low of Rs 400. Notably, the stock's performance has been higher than its 20-day, 50-day, and 200-day moving averages, but it remains below the 5-day and 100-day averages. The solvent extraction sector itself has also experienced a downturn, falling by 2.16%, which may contribute to the selling pressure observed in CIAN Agro.
{{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
