Oriental Trimex Ltd Faces Intense Selling Pressure Amid Significant Price Declines
Oriental Trimex Ltd is experiencing significant selling pressure, marking its sixth consecutive day of losses and a notable decline over the past week. Despite a strong performance in the previous three months, recent trends indicate a shift in market sentiment, influenced by broader market dynamics and investor attitudes.
Oriental Trimex Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline, with a 5.00% drop in its stock price, contrasting sharply with the Sensex, which has gained 0.41% on the same day. This marks the sixth consecutive day of losses for Oriental Trimex, accumulating a staggering 26.42% decline over this period.In terms of weekly performance, Oriental Trimex has plummeted by 22.57%, while the Sensex has risen by 2.13%. Over the past month, the stock has decreased by 1.55%, again underperforming against the Sensex's 1.12% gain. Despite a strong performance over the last three months, where it rose by 37.32%, the recent trend indicates a shift in market sentiment.
The stock's current price is higher than its 50-day, 100-day, and 200-day moving averages, but it has fallen below its 5-day and 20-day moving averages, suggesting a potential shift in momentum. Contributing factors to the selling pressure may include broader market trends and investor sentiment, particularly given the stock's microcap status in the diversified consumer products industry.
{{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
