Energy Development Company Faces Intense Selling Pressure Amid Significant Price Declines

Mar 27 2025 02:35 PM IST
share
Share Via
Energy Development Company Ltd is experiencing notable selling pressure, with a three-day decline totaling 9.28%. The stock has underperformed against the Sensex, showing consistent negative trends over various time frames. Currently trading near its 52-week low, it remains below key moving averages, reflecting a bearish outlook.
Energy Development Company Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past three days, resulting in a total loss of 9.28% during this period. Today, the stock fell by 4.97%, underperforming the Sensex, which gained 0.43%.

Over the past week, Energy Development Company has seen a decline of 5.49%, while the Sensex rose by 1.67%. The stock's performance has been consistently negative, with a one-month loss of 10.65% compared to the Sensex's gain of 4.03%. Year-to-date, the stock is down 37.88%, contrasting sharply with the Sensex's slight decline of 0.66%.

The stock is currently trading close to its 52-week low, just 3.78% away from Rs 16.55. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The persistent selling pressure may be attributed to various factors, including market sentiment and broader economic conditions affecting the power generation and distribution sector.
{{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