Grov India Ltd Faces Intense Selling Pressure Amid Significant Price Declines
Grov India Ltd is experiencing notable selling pressure, with the stock declining for six consecutive days and losing around 11%. It has underperformed the benchmark Sensex over the past week and month. Currently, it trades below all key moving averages, indicating a bearish trend amid shifting market sentiment.
Grov India Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past six days, resulting in a total loss of approximately 11%. In today's trading session, Grovy India Ltd reported a decrease of 1.99%, while the benchmark Sensex managed a slight gain of 0.16%. Over the past week, Grovy India has underperformed the Sensex, with a loss of 9.55% compared to the index's decline of just 1.02%. The stock's performance over the last month also reflects a downward trend, with a drop of 11.99% against the Sensex's 5.39% decline.
In terms of moving averages, Grovy India is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Despite a strong performance over the past year, where it gained 63.34%, the recent selling pressure highlights a shift in market sentiment. Factors contributing to this selling activity may include broader market trends and sector-specific challenges within the finance/NBFC industry.
{{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
