Praxis Home Retail Ltd Faces Intense Selling Pressure Amid Significant Price Declines

May 08 2025 01:30 PM IST
share
Share Via
Praxis Home Retail Ltd is experiencing significant selling pressure, with the stock declining sharply today after three days of gains. Despite a recent weekly increase, its long-term performance remains poor, showing substantial declines over the past year and three years, contrasting with broader market trends.
Praxis Home Retail Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced a notable decline of 4.98%, sharply contrasting with the Sensex's minimal drop of 0.06%. This marks a trend reversal after three consecutive days of gains, highlighting a shift in market sentiment.

Over the past week, Praxis Home Retail has performed positively with a gain of 5.17%, but this is overshadowed by its poor performance over longer periods. The stock has seen a staggering decline of 41.92% over the past year and a dramatic 72.17% drop over three years, while the Sensex has risen by 9.85% and 47.17%, respectively, during the same time frames.

The stock's performance today underperformed its sector by 5.61%, indicating a broader issue within the company. Additionally, while the stock is currently above its 5-day moving average, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. These factors collectively contribute to the ongoing selling pressure on Praxis Home Retail Ltd.
{{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