Ovobel Foods Hits 52-Week Low Amidst Significant Market Underperformance

Jan 21 2025 09:35 AM IST
share
Share Via
Ovobel Foods has hit a new 52-week low, with its stock price falling to Rs. 92. The company has underperformed its sector significantly, trading below all key moving averages and experiencing a substantial decline of 66.33% over the past year, contrasting sharply with broader market gains.
Ovobel Foods, a microcap player in the FMCG sector, has reached a new 52-week low, with its stock price dropping to Rs. 92 on January 21, 2025. This decline represents a significant underperformance, as the stock has lagged behind its sector by 5.62% on the same day. The intraday trading reflected a decrease of 5.15%, further emphasizing the stock's bearish momentum.

Currently, Ovobel Foods is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a persistent downward trend. Over the past year, the company's stock has plummeted by 66.33%, starkly contrasting with the Sensex's gain of 7.84% during the same timeframe. These performance indicators highlight the significant challenges Ovobel Foods is facing in the current market landscape.
{{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
Why is Kesar India falling/rising?
16 seconds ago
share
Share Via
Why is Krishna Defence falling/rising?
36 seconds ago
share
Share Via
Why is Electronics Mart falling/rising?
41 seconds ago
share
Share Via
Why is Bharti Airtel PP falling/rising?
1 minute ago
share
Share Via
Why is PB Fintech. falling/rising?
1 minute ago
share
Share Via
Why is GHV Infra falling/rising?
1 minute ago
share
Share Via
Why is Sona BLW Precis. falling/rising?
1 minute ago
share
Share Via