Sadbhav Engineering Faces Ongoing Challenges Amidst Declining Stock Performance

Jan 24 2025 09:35 AM IST
share
Share Via
Sadbhav Engineering, a microcap in the capital goods sector, is nearing its 52-week low, trading slightly above its recent low. The company has underperformed its sector and has not shown recovery, with declines across various moving averages and an 8.43% drop over the past year.
Sadbhav Engineering, a microcap player in the capital goods sector, has experienced significant activity today, particularly as it approaches its 52-week low. The stock is currently trading just 1.12% above its recent low of Rs 19.5, which it reached on January 24, 2025.

In terms of performance, Sadbhav Engineering has underperformed its sector by 1.39% today, reflecting ongoing challenges. The stock has not shown any recovery, with no returns recorded over the last period, indicating a continuation of its downward trend.

Moreover, the company's moving averages reveal a concerning picture, as it is trading below the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, Sadbhav Engineering has seen a decline of 8.43%, contrasting sharply with the Sensex, which has gained 7.78% during the same timeframe. These metrics highlight the current struggles faced by Sadbhav Engineering in a competitive market landscape.
{{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