Equitas Small Finance Bank Faces Sustained Downward Trend Amid Market Pressures

Feb 17 2025 09:41 AM IST
share
Share Via
Equitas Small Finance Bank has reached a new 52-week low, reflecting significant volatility and a 14.36% decline over the past eight days. The stock has underperformed its sector and is trading below key moving averages, indicating ongoing challenges in the financial landscape.
Equitas Small Finance Bank has experienced significant volatility today, reaching a new 52-week low of Rs. 61.01. This decline marks a notable performance dip, as the stock has underperformed its sector by 1.93%. Over the past eight days, Equitas has faced consecutive losses, accumulating a total decline of 14.36% during this period.

The stock's performance over the past year has also been challenging, with a decrease of 42.57%, contrasting sharply with the Sensex, which has gained 4.24% in the same timeframe. Additionally, Equitas Small Finance Bank is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend.

Today's intraday low of Rs. 61.01 reflects ongoing market pressures, as the bank navigates a difficult financial landscape. Investors and market observers will be closely monitoring any developments that could impact the bank's performance in the coming days.
{{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