Lokesh Machines Ltd Faces Intense Selling Pressure Amid Consecutive Losses
Lokesh Machines Ltd is experiencing significant selling pressure, with the stock declining over the past five days and underperforming its sector. It has fallen sharply year-to-date and is trading below key moving averages, indicating a bearish trend and a lack of buying interest in the market.
Lokesh Machines Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past five days, resulting in a decline of 9.54%. In today's trading session, Lokesh Machines Ltd fell by 1.98%, while the benchmark Sensex recorded a modest gain of 0.19%. Over the past week, the stock has underperformed the sector by 2.93%, and its performance relative to the Sensex has been notably poor across various time frames. For instance, in the last month, Lokesh Machines Ltd has decreased by 4.94%, contrasting with the Sensex's gain of 0.49%. Year-to-date, the stock has plummeted by 48.95%, while the Sensex has risen by 3.52%.
The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, it has been trading in a narrow range of Rs 1.25, reflecting a lack of buying interest in the market. The combination of these factors suggests a challenging environment for Lokesh Machines Ltd in the current market landscape.
{{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
