Crest Ventures Shows Resilience Amid Ongoing Challenges in Construction Sector

Jan 14 2025 03:30 PM IST
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Crest Ventures, a small-cap company in the construction and real estate sector, experienced a notable increase on January 14, 2025, reversing a recent downward trend. Despite this uptick, the stock remains below key moving averages and has declined over the past month, reflecting broader sector challenges.
Crest Ventures, a small-cap player in the construction and real estate sector, saw a significant uptick of 7.0% on January 14, 2025, reversing a five-day downward trend and outperforming its sector by 3.01%. During the trading session, the stock peaked at Rs 434.95, marking a 5.71% gain, while it dipped to a low of Rs 399.5, reflecting a 2.9% decrease.

Despite this day's positive movement, Crest Ventures remains below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past month, the stock has declined by 7.03%, slightly more than the Sensex's drop of 6.65%. The ongoing performance of Crest Ventures is being closely watched as it faces the prevailing challenges in the construction and real estate landscape.
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