Nidhi Granites Faces Intense Selling Pressure Amid Consecutive Losses and Market Volatility
Nidhi Granites Ltd is experiencing notable selling pressure, with the stock facing consecutive losses. Despite outperforming the Sensex over various periods, recent trends indicate a decline, raising concerns about market volatility and investor sentiment. The stock has previously reached a 52-week high, complicating its current market position.
Nidhi Granites Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a concerning shift as the company has experienced consecutive days of losses, raising questions about the underlying factors driving this activity. In terms of performance, Nidhi Granites has outperformed the Sensex in various time frames. Over the past day, the stock declined by 1.97%, while the Sensex rose by 0.26%. In the past week, Nidhi Granites saw a loss of 6.58%, contrasting with the Sensex's slight decline of 0.13%. Over the last month, however, the stock has shown remarkable resilience with a gain of 44.69%, compared to the Sensex's drop of 2.50%.
Despite its recent highs, including a new 52-week high of Rs. 259, the stock's performance has been overshadowed by the current selling trend. Factors contributing to this selling pressure may include market volatility, investor sentiment, or sector-specific challenges. Notably, Nidhi Granites has been trading above its moving averages, indicating a complex market position.
{{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
