Nirav Commercials Faces Intense Selling Pressure Amid Consecutive Losses and Declining Performance
Nirav Commercials Ltd is experiencing notable selling pressure, with consecutive losses over the past two days and a significant decline in stock performance compared to the Sensex. The stock has underperformed over the past week and month, despite a strong long-term increase. Trading activity has been erratic, reflecting changing market sentiment.
Nirav Commercials 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, with a notable decline of 5.00% on the latest trading day. This performance starkly contrasts with the Sensex, which fell by only 0.78% during the same period.Over the past week, Nirav Commercials has seen a total decline of 9.97%, while the Sensex decreased by 1.90%. In the last month, the stock has underperformed, dropping 4.80%, compared to a 1.72% gain in the Sensex. Despite a strong performance over the longer term, including a 128.81% increase over three years, the year-to-date performance shows a decline of 6.72%, while the Sensex has gained 3.62%.
The stock's trading activity has been erratic, with no trades on one day out of the last 20. Today, it reached an intraday low of Rs 809.4, reflecting the ongoing selling trend. Additionally, while the stock remains above its 50-day and 200-day moving averages, it is currently below its 5-day, 20-day, and 100-day moving averages, indicating a shift in market sentiment.
{{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
