Sai Silks (Kalamandir) Ltd Stock Drops -7.11% Amid Underperformance in Market

Mar 13 2024 02:50 PM IST
share
Share Via
Sai Silks (Kalamandir) Ltd, a smallcap retail company, has seen a -7.11% decline in its stock price on March 13, 2024. This is due to the company's underperformance in the market, with a -5.12% difference from the sector's performance. The stock has also been on a downward trend for the past three days, with a total loss of -15.1%. It is currently trading below its moving averages and has been given a 'Hold' call by MarketsMojo. Investors should carefully monitor the stock's performance and consider their own research and risk tolerance before making any decisions.

Sai Silks (Kalamandir) Ltd, a smallcap retail company, has seen a decline in its stock price by -7.11% on March 13, 2024. This drop in stock price has been attributed to the company's underperformance in the market, with a -5.12% difference from the sector's performance. The stock has also been on a downward trend for the past three days, with a total loss of -15.1% during this period.

On March 13, the stock hit a new 52-week and all-time low of Rs.178.05. It also experienced high volatility, with an intraday volatility of 6.72%. The stock's day's high was Rs.197 (2.63%), while the day's low was Rs.178.05 (-7.24%).

Sai Silks (Kalamandir) Ltd is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the market.

According to MarketsMOJO, a leading stock analysis platform, the stock's call is 'Hold'. This means that investors are advised to hold onto their current positions in the company's stock.

In comparison to the overall market performance, Sai Silks (Kalamandir) Ltd has underperformed with a -6.75% return, while the Sensex has only seen a -1.33% decline. Over the past month, the company's stock has also seen a significant decrease of -25.40%, while the Sensex has seen a positive growth of 1.58%.

It is important for investors to carefully monitor the performance of Sai Silks (Kalamandir) Ltd and make informed decisions based on their own research and risk tolerance. As a smallcap company, it is subject to higher volatility and may not be suitable for all investors.
{{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
Why is Vishal Mega Mart falling/rising?
55 minutes ago
share
Share Via
Why is Purple United falling/rising?
55 minutes ago
share
Share Via
Why is Waaree Energies falling/rising?
55 minutes ago
share
Share Via
Why is Gala Precis. Eng falling/rising?
55 minutes ago
share
Share Via
Why is Motherson Wiring falling/rising?
56 minutes ago
share
Share Via
Why is DCX Systems falling/rising?
56 minutes ago
share
Share Via
Why is Jana Small Finan falling/rising?
56 minutes ago
share
Share Via