Gujarat Natural Resources Faces Intense Selling Pressure Amidst Consecutive Losses
Gujarat Natural Resources Ltd is experiencing notable selling pressure, with the stock showing only sellers and recording consecutive losses. Despite a strong year-long performance, the current market sentiment may be influencing this downturn, as the stock remains above several key moving averages.
Gujarat Natural Resources Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has recorded consecutive days of losses, opening down by 2% and reaching an intraday low of Rs 75.46. This performance starkly contrasts with the Sensex, which has declined by only 0.74% on the same day.Over the past week, Gujarat Natural Resources has shown a slight gain of 1.22%, while the Sensex has dropped by 0.71%. However, the longer-term performance highlights a stark divergence; the stock has surged by 560.03% over the past year, compared to the Sensex's modest gain of 1.44%. Year-to-date, the stock has risen by 286.97%, significantly outperforming the Sensex's 2.41% increase.
Despite its strong historical performance, the current selling pressure may be attributed to various factors, including market sentiment and potential profit-taking by investors. Notably, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a complex market dynamic.
{{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
