Deep Diamond India Faces Significant Volatility Amid Broader Microcap Jewellery Market Challenges

Feb 12 2025 09:35 AM IST
share
Share Via
Deep Diamond India, a microcap in the diamond and gold jewellery sector, has hit a new 52-week low, reflecting significant volatility. The company has underperformed its sector over the past year, with a notable decline, while trading below key moving averages, indicating a challenging market environment.
Deep Diamond India, a microcap player in the diamond and gold jewellery industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 5.16. This decline marks a notable downturn for the company, which has underperformed its sector by 4.96%.

Over the past year, Deep Diamond India has seen a decrease of 25.75%, contrasting sharply with the Sensex's positive performance of 6.81%. The stock's performance is further underscored by its current trading position, which is below key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages.

These metrics indicate a challenging environment for Deep Diamond India, reflecting broader trends within the microcap segment of the jewellery market. Investors and market observers will be closely monitoring the company's performance as it navigates these difficult conditions.
{{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