GIC Housing Finance Hits 52-Week Low Amid Broader Sector Challenges

Jan 13 2025 02:05 PM IST
share
Share Via
GIC Housing Finance has hit a new 52-week low, with its stock price declining significantly over the past four days. The company is trading below multiple moving averages, reflecting a bearish trend, while the broader Finance - Housing sector has also faced challenges, indicating ongoing struggles for both.
GIC Housing Finance has reached a new 52-week low, with its stock price hitting Rs. 187.2 on January 13, 2025. This marks a significant downturn for the small-cap company, which has seen a consecutive decline over the past four days, resulting in an overall decrease of 8.91% during this period. On the same day, the stock recorded an intraday low of Rs. 187.2, reflecting a drop of 3.46%.

The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The broader Finance - Housing sector has also faced challenges, with a decline of 3.66%. Over the past year, GIC Housing Finance has experienced a performance drop of 21.88%, contrasting sharply with the Sensex, which has gained 5.35% during the same timeframe. The current market conditions highlight ongoing struggles within both the company and the 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