Rishabh Instruments Faces Persistent Selling Pressure Amid Significant Market Challenges
Rishabh Instruments, a microcap in the capital goods sector, has hit a new 52-week low amid significant volatility, experiencing a 20.26% decline over the past six days. The stock is trading below all major moving averages and has dropped 53.64% over the past year, contrasting with the Sensex's gains.
Rishabh Instruments, a microcap player in the capital goods sector, has experienced significant volatility today, reaching a new 52-week low of Rs. 240.05. This decline marks a notable downturn, as the stock has underperformed its sector by 1.72%. Over the past six days, Rishabh Instruments has seen a consecutive fall, with a total decline of 20.26% during this period.The stock opened the day with a gap down of 4.17%, reflecting ongoing challenges in its market performance. Throughout the trading session, it touched an intraday low of Rs. 240.05, indicating persistent selling pressure.
In terms of moving averages, Rishabh Instruments is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Over the past year, the stock has faced a substantial decline of 53.64%, contrasting sharply with the Sensex, which has gained 4.24% during the same timeframe. This performance highlights the challenges faced by Rishabh Instruments in the current market landscape.
{{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
