Orient Green Power Hits 52-Week Low Amidst Ongoing Market Challenges

Jan 13 2025 09:36 AM IST
share
Share Via
Orient Green Power Company has hit a new 52-week low, experiencing a notable decline over the past four days. The stock has underperformed the market significantly over the past year, trading below key moving averages, which underscores the challenges the company faces in the competitive power generation sector.
Orient Green Power Company has recently reached a new 52-week low of Rs. 15.09, marking a significant downturn as the stock has declined consecutively over the past four days, totaling a drop of 4.67%. This performance is indicative of broader challenges faced by the company, as it has underperformed the market with a one-year decline of 29.79%, while the Sensex has seen a positive return of 5.77% in the same period.

The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a prevailing bearish trend. These indicators reflect the competitive pressures within the power generation sector and highlight the difficulties Orient Green Power is encountering in maintaining its market position.
{{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
Most Read