Monotype India Ltd Faces Heavy Selling Pressure, Stock Declines 9.09% to New 52-Week Low
Monotype India Ltd is experiencing significant selling pressure, with a notable decline in its stock price over recent days. The stock has reached a new 52-week low and has underperformed compared to both its sector and broader market indices, reflecting ongoing challenges in the current market environment.
Monotype India Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has experienced a notable decline of 9.09% today, starkly contrasting with the Sensex's modest drop of 0.68%. This marks the third consecutive day of losses for Monotype India, which has seen a cumulative decline of 11.86% over this period.Over the past week, the stock has plummeted by 18.03%, while the Sensex has only dipped by 2.44%. The downward trend is evident across various time frames, with Monotype India reporting a staggering 72.68% decline year-to-date compared to the Sensex's gain of 3.16%. The stock has also hit a new 52-week low of Rs. 0.5 today.
Several factors may be contributing to this selling pressure, including the stock's performance relative to its moving averages, as it is currently trading below the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has underperformed its sector by 4.28%, further highlighting the challenges it faces in the current market environment.
{{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
