Emkay Global Faces Increased Selling Pressure Amid Significant Price Declines and Market Shift
Emkay Global Financial Services Ltd is experiencing notable selling pressure, reversing a six-day gain streak. Despite a recent weekly increase, the stock has significantly underperformed over three months and year-to-date. Current trading levels indicate a shift in investor sentiment, as it remains above short-term moving averages but below longer-term ones.
Emkay Global Financial Services Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced a decline of 1.99%, underperforming the Sensex, which has seen a minor decrease of 0.09%. This marks a trend reversal after six consecutive days of gains, indicating a shift in market sentiment.Over the past week, Emkay Global has performed well, gaining 18.96%, but this recent downturn highlights a stark contrast to its three-month performance, where it has lost 33.95%. Year-to-date, the stock is down 29.84%, while it has shown impressive growth of 106.20% over the past year, significantly outpacing the Sensex's 7.56% increase.
The price summary indicates that Emkay Global opened at 221.15 and has remained at this level throughout the trading session. The stock is currently trading above its 5-day and 20-day moving averages but below its 50-day, 100-day, and 200-day moving averages. This performance suggests a potential shift in investor sentiment, contributing to the ongoing selling pressure.
{{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
