Prime Urban Development India Ltd Faces Selling Pressure Amid Recent Losses
Prime Urban Development India Ltd is experiencing notable selling pressure, with the stock declining over the past two days. Despite a strong monthly performance, recent trends suggest a shift in market sentiment, potentially due to profit-taking. The stock remains close to its 52-week high and has shown impressive long-term gains.
Prime Urban Development India Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past two days, with a decline of 3.9% during this period. Today, the stock fell by 1.99%, underperforming the Sensex, which decreased by only 0.23%.Despite a strong performance over the past month, where Prime Urban Development India Ltd gained 25.22% compared to the Sensex's 1.06%, the recent trend indicates a shift in market sentiment. The stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a previously bullish trend. However, the current selling pressure may be attributed to profit-taking after a substantial rise, as the stock is still close to its 52-week high, just 4.05% away from Rs 16.43.
In the broader context, Prime Urban Development India Ltd has shown impressive long-term performance, with a 67.62% increase over the past year and a remarkable 200.76% rise over the last five years, significantly outperforming the Sensex during these periods.
{{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
