Lokesh Machines Ltd Faces Intense Selling Pressure Amid Significant Price Declines
Lokesh Machines Ltd is experiencing notable selling pressure, with a decline over the past two days. While the stock has shown mixed performance against the Sensex, it has significantly underperformed over the past year. Current trading indicates challenges within the industrial manufacturing sector, impacting investor sentiment.
Lokesh Machines Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has experienced consecutive losses over the past two days, declining by 3.32% during this period. Today, Lokesh Machines Ltd fell by 1.99%, underperforming the Sensex, which gained 0.52%.In terms of broader performance, Lokesh Machines has shown mixed results relative to the Sensex. Over the past week, the stock increased by 4.01%, outperforming the Sensex's 0.34% gain. However, its one-year performance reveals a stark decline of 56.36%, while the Sensex has risen by 10.35%. Year-to-date, Lokesh Machines is down 39.94%, contrasting sharply with the Sensex's 4.44% increase.
The stock has been trading in a narrow range of Rs 1.5 and is currently above its 5-day, 20-day, and 50-day moving averages, but below the 100-day and 200-day moving averages. This trend may indicate underlying challenges contributing to the selling pressure, reflecting investor sentiment and market dynamics within the industrial manufacturing sector.
{{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
