IMEC Services Ltd Faces Selling Pressure, Declines 5.00% After 20 Days of Gains
IMEC Services Ltd is experiencing notable selling pressure, with its stock price declining after a strong performance. Despite today's drop, the stock has shown significant growth over the past month and year, reaching a new 52-week high before retreating. The current trend suggests potential profit-taking by investors.
IMEC Services Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline of 5.00% in its stock price, contrasting sharply with the Sensex, which has only dipped by 0.36%. This marks a reversal after an impressive 20 consecutive days of gains, highlighting a shift in market sentiment.Over the past week, IMEC Services has still managed a robust performance, up 15.44%, but the current trend indicates a potential correction. The stock has seen remarkable growth over the past month, soaring 139.60%, and an astounding 1774.08% over the past year, significantly outpacing the Sensex's 1.01% increase.
Today, IMEC Services reached a new 52-week high of Rs. 448.35 before falling to an intraday low of Rs. 407.80. Despite this day's decline, the stock remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong long-term trend. The selling pressure may be attributed to profit-taking after a substantial rally, as the stock has outperformed its sector by 4.27%.
{{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
