Rishabh Instruments Faces Significant Stock Volatility Amid Market Challenges

Feb 10 2025 12:05 PM IST
share
Share Via
Rishabh Instruments, a small-cap company in the capital goods sector, has faced notable stock volatility, declining significantly after a series of gains. Currently trading near its 52-week low, the stock has underperformed its sector and is below key moving averages, reflecting ongoing market challenges.
Rishabh Instruments, a small-cap player in the capital goods sector, has experienced significant volatility in its stock performance today, with a decline of 7.42%. This drop comes after a brief period of gains, marking a trend reversal as the stock has fallen following four consecutive days of increases.

Currently, Rishabh Instruments is trading close to its 52-week low, just 2.8% above the low of Rs 273.75. The stock's performance today has notably underperformed its sector, lagging by 6.83%. Intraday trading saw the stock reach a low of Rs 281.5, reflecting an 8.37% decrease at its lowest point.

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, indicating a bearish trend. Over the past month, the stock has declined by 9.77%, contrasting sharply with the Sensex, which has seen a minimal decrease of 0.24%. This performance highlights the challenges faced by Rishabh Instruments in the current market environment.
{{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