Nimbus Projects Ltd Faces Intense Selling Pressure Amid Consecutive Losses and Market Shift
Nimbus Projects Ltd is experiencing notable selling pressure, with a decline of 7.17% over the past three days. The stock has underperformed against the Sensex and the Construction - Real Estate sector. Despite a strong yearly performance, recent trends suggest a shift in market sentiment.
Nimbus Projects Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past three days, resulting in a total decline of 7.17%. Today, the stock fell by 4.72%, underperforming the Sensex, which gained 3.15% during the same period.In the past week, Nimbus Projects has seen a decline of 9.34%, while the Sensex has risen by 1.44%. Over the last month, the stock has dropped 10.49%, contrasting sharply with the Sensex's increase of 9.05%. Despite a strong performance over the past year, where Nimbus Projects surged by 467.17% compared to the Sensex's 12.79%, recent trends indicate a shift in market sentiment.
The stock's performance today is notably below the sector average, underperforming the Construction - Real Estate sector, which has gained 4.91%. The stock touched an intraday low of Rs 236. While Nimbus Projects remains above its 100-day and 200-day moving averages, it is currently below its 5-day, 20-day, and 50-day moving averages, indicating a potential shift in momentum.
{{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
