NB Footwear Faces Intense Selling Pressure Amid Consecutive Losses and Market Challenges
NB Footwear Ltd. is experiencing notable selling pressure, with the stock declining over the past two days. While it has shown mixed performance recently, including a weekly gain, its longer-term outlook remains strong despite recent losses. The leather sector, however, has demonstrated resilience amid these challenges.
NB Footwear Ltd. is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past two days, resulting in a total decline of 9.39%. Today, the stock fell by 4.76%, underperforming the Sensex, which recorded a modest gain of 0.42%.In the broader context, NB Footwear's performance has been mixed. Over the past week, the stock gained 4.63%, while the Sensex dipped slightly by 0.18%. However, in the last three months, NB Footwear has seen a decline of 6.42%, contrasting with the Sensex's increase of 3.40%. Year-to-date, the stock is down 13.79%, while the Sensex has risen by 5.08%.
Despite a strong performance over the longer term, with a remarkable 718.71% increase over five years compared to the Sensex's 116.46%, recent trends indicate a shift in market sentiment. The stock's current price is higher than its 20-day and 50-day moving averages but lower than its 5-day, 100-day, and 200-day moving averages. Additionally, the leather sector has shown resilience, gaining 3.16%, further highlighting the challenges faced by NB Footwear 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
