Gravity (India) Ltd Faces Intense Selling Pressure Amid Significant Price Declines
Gravity (India) Ltd is experiencing notable selling pressure, with a significant decline over the past two days. While the stock had previously shown strong performance, recent trends suggest a shift in market sentiment, influenced by factors such as market volatility and sector-specific challenges in the garments industry.
Gravity (India) Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has experienced consecutive losses, falling by 4.73% today alone, which marks a total decline of 9.42% over the last two days. This performance starkly contrasts with the Sensex, which has only dipped by 0.44% today and has shown a slight gain of 0.31% over the past week.In terms of broader performance metrics, Gravity (India) Ltd has seen a decline of 9.81% over the past week and 6.02% over the past month, while the Sensex has remained relatively stable. Despite a strong performance over the past three months, where the stock gained 30.75%, the recent trend indicates a shift in market sentiment.
Potential contributing factors to this selling pressure may include market volatility, sector-specific challenges in the garments and apparel industry, or investor reactions to recent company developments. The stock's current price is above its 50-day, 100-day, and 200-day moving averages, but it has fallen below its 5-day and 20-day moving averages, indicating a short-term downward trend.
{{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
