Power & Instrumentation Faces Intense Selling Pressure Amid Significant Price Declines
Power & Instrumentation (Gujarat) Ltd is experiencing significant selling pressure, with a notable decline today following five days of gains. Despite a strong weekly performance, the stock has underperformed year-to-date and is currently trading below its longer-term moving averages, indicating a potential shift in market sentiment.
Power & Instrumentation (Gujarat) Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced a notable decline of 5.45% in its one-day performance, sharply contrasting with the Sensex, which has only dipped by 0.26%. This marks a trend reversal for Power & Instrumentation, as it has fallen after five consecutive days of gains.Over the past week, the stock has performed well, gaining 10.34%, but this is overshadowed by its recent performance, which has seen a 3.21% decline over the last three months, while the Sensex has risen by 11.24%. Year-to-date, Power & Instrumentation has underperformed significantly, with a drop of 46.36% compared to the Sensex's modest gain of 4.20%.
The stock opened with a loss of 5.29% today and reached an intraday low of Rs 177.75. It has traded within a narrow range of Rs 0.3, indicating limited volatility. Despite being above its 5-day, 20-day, and 50-day moving averages, it remains below its 100-day and 200-day moving averages, suggesting a potential shift in market sentiment. The current selling pressure may be attributed to various factors, including market corrections and investor 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
