SGL Resources Faces Intense Selling Pressure Amid Significant Price Declines

May 07 2025 01:25 PM IST
share
Share Via
SGL Resources Ltd is experiencing significant selling pressure, with its stock declining sharply over various timeframes. The company has faced consecutive losses for eight days, resulting in a substantial year-to-date drop. Today, it reached a new 52-week low, underperforming its sector and trading below key moving averages.
SGL Resources Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline, with its stock price dropping by 4.44% in just one day, compared to a minimal decrease of 0.11% in the Sensex. Over the past week, SGL Resources has lost 15.13%, while the Sensex has gained 0.39%.

The stock's performance has been consistently poor, with consecutive losses over the last eight days, resulting in a total decline of 20.73% during this period. In terms of longer-term performance, SGL Resources has seen a staggering 62.34% drop year-to-date and a 78.46% decline over the past five years, starkly contrasting with the Sensex's 3.09% gain in the same timeframe.

Today, SGL Resources hit a new 52-week low of Rs. 2.58, underperforming its sector by 3.34%. The stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a persistent downward trend. The combination of these factors highlights the ongoing challenges faced by SGL Resources 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