SBEC Sugar Faces Intense Selling Pressure Amid Significant Price Declines
SBEC Sugar Ltd is experiencing significant selling pressure, marked by consecutive losses and a notable decline in stock value. Over the past month, the company has seen a substantial decrease, contrasting sharply with the broader market's performance. The stock is currently trading below key moving averages, indicating a bearish trend.
SBEC Sugar Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, with a notable decline of 5.00% in today's trading session. Over the past week, SBEC Sugar has dropped 7.26%, and its performance over the last month reveals a staggering 29.07% decrease. In stark contrast, the Sensex has only declined by 0.58% today and 1.37% over the past week, highlighting the underperformance of SBEC Sugar relative to the broader market.The stock's year-to-date performance is also concerning, with a decline of 33.42%, while the Sensex has gained 2.48% during the same period. Over the past year, SBEC Sugar has lost 40.37%, compared to a modest 0.76% increase in the Sensex. Despite a strong performance over the longer term, with a 439.47% increase over five years, the recent trends indicate a shift in market sentiment.
Today's trading saw SBEC Sugar open with a gain of 4.59%, reaching an intraday high of Rs 42.88, but quickly fell to a low of Rs 39, reflecting the volatility and selling pressure. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further indicating a bearish trend.
{{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
Most Read
