Senco Gold Faces Continued Decline Amid Broader Sector Challenges and Market Trends

Jan 13 2025 02:50 PM IST
share
Share Via
Senco Gold has encountered significant challenges, with a notable decline in its stock price today, continuing a downward trend. The company has underperformed its sector and is trading below key moving averages, reflecting a sustained bearish sentiment amid broader market declines in the diamond and gold jewellery industry.
Senco Gold, a midcap player in the diamond and gold jewellery industry, has faced notable challenges today, experiencing a decline of 6.26% on January 13, 2025. This downturn marks a continuation of a downward trend, with the stock underperforming its sector by 4.05% and recording a total drop of 10.79% over the last two days.

During today's trading, Senco Gold reached an intraday low of Rs 1009, reflecting a decrease of 6.14%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained bearish trend.

In the context of the broader market, Senco Gold's one-day performance of -6.04% stands in stark contrast to the Sensex's decline of 1.34%. Over the past month, Senco Gold has experienced a significant drop of 12.39%, while the Sensex has decreased by 7.05%. The overall diamond and gold jewellery sector has also faced headwinds, with a decline of 2.07%.
{{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