Diligent Industries Faces Intense Selling Pressure Amid Significant Price Declines
Diligent Industries Ltd is experiencing substantial selling pressure, marked by consecutive losses and a significant decline over various time frames. The stock has dropped notably over the past week and month, and its performance contrasts sharply with the Sensex, which has shown modest gains. The company is nearing its 52-week low.
Diligent Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend is underscored by a series of consecutive losses, with the stock down 2.63% in today's trading session. Over the past week, Diligent Industries has experienced a decline of 8.24%, and its performance over the last month reveals a staggering drop of 13.81%. In comparison to the Sensex, which has seen a modest gain of 0.54% today, Diligent Industries' performance has been notably poor. Over the past year, the stock has plummeted by 67.37%, while the Sensex has risen by 3.42%. The three-month performance shows a decline of 51.85%, contrasting sharply with the Sensex's decrease of just 4.39%.
Several factors may be contributing to this selling pressure, including the stock's current trading position, which is significantly below its moving averages across various time frames. Additionally, Diligent Industries is now just 2.56% away from its 52-week low of Rs 1.52, indicating a challenging market environment for the microcap company.
{{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
