Credent Global Finance Faces Intense Selling Pressure Amid Consecutive Losses

Mar 05 2025 02:25 PM IST
share
Share Via
Credent Global Finance Ltd is experiencing notable selling pressure, with the stock declining for four consecutive days and underperforming against the Sensex. Over the past month, it has dropped significantly, trading below key moving averages, amid broader market challenges and sector-specific issues in the finance industry.
Credent Global Finance Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past four days, resulting in a total decline of 7.91%. Today, the stock fell by 2.84%, contrasting sharply with the Sensex, which gained 0.87%.

Over the past week, Credent Global Finance has underperformed, with a decline of 4.36% compared to the Sensex's drop of only 1.31%. The stock's performance has been particularly poor over the last month, down 19.55%, while the Sensex fell by 5.94%. Year-to-date, the stock has plummeted by 30.29%, significantly underperforming the Sensex, which is down just 5.78%.

The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Potential contributing factors to this selling pressure may include broader market conditions and sector-specific challenges within the finance/NBFC industry.
{{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