Danube Industries Hits 52-Week Low Amidst Decline in Paper Industry
Danube Industries, a microcap company in the paper and paper products industry, hit a 52-week low on August 5th, 2024. The stock has been on a downward trend for the past 6 days, with a -12.92% decrease in returns. It is currently trading below its moving averages and the sector has also seen a decline. Investors and analysts are closely watching for any signs of improvement.
Danube Industries, a microcap company in the paper and paper products industry, has recently hit a 52-week low on August 5th, 2024. This news has caused concern among investors and analysts, with MarketsMOJO giving the stock a "Strong Sell" rating.
The stock's performance today has been underwhelming, underperforming the sector by -2.43%. This is part of a larger trend, as the stock has been on a downward trend for the past 6 days and has seen a -12.92% decrease in returns during this period. Additionally, Danube Industries is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
The paper and paper products sector as a whole has also seen a decline of -2.23%, further highlighting the challenges facing Danube Industries. In comparison, the company's 1-year performance has been -68.46%, while the Sensex has seen a positive performance of 21.12%.
While the future potential of Danube Industries is uncertain, the current state of the company's stock and the sector as a whole is cause for concern. Investors and analysts will be closely monitoring the company's performance in the coming days and weeks to see if there are any signs of improvement.
{{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
