Olectra Greentech Faces Sustained Decline Amid Broader Market Challenges

Jan 13 2025 12:35 PM IST
share
Share Via
Olectra Greentech has encountered significant difficulties, with its stock reaching a new 52-week low and experiencing a notable decline over the past four days. The company's performance has lagged behind both its sector and the broader market, indicating a sustained downward trend in its stock price.
Olectra Greentech, a midcap player in the auto-trucks industry, has faced significant challenges today, with its stock price declining by 5.12% and reaching a new 52-week low of Rs. 1280.1. This decline marks a cumulative drop of 10.76% over the past four days, notably underperforming its sector, which has only decreased by 2.05%.

In comparison to the broader market, Olectra Greentech's performance has also lagged, with a 5.19% decline against the Sensex's decrease of 0.81%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. The intraday low of Rs. 1280.1 reflects a decrease of 5.38%. Over the past month, Olectra Greentech has experienced a substantial decline of 19.13%, while the Sensex has decreased by 6.55%.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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