Shakti Pumps Faces Continued Decline Amid Broader Sector Challenges and Market Pressures

Jan 28 2025 09:35 AM IST
share
Share Via
Shakti Pumps (India) has faced a significant decline, with a 5.0% drop on January 28, 2025, contributing to a cumulative decrease of 12.58% over four days. The company remains above key moving averages but is underperforming in a challenging market, with the compressors and pumps sector also experiencing pressure.
Shakti Pumps (India) has experienced a notable decline today, with the stock down by 5.0% as of January 28, 2025. This midcap player in the compressors and pumps industry has faced a challenging trading environment, underperforming its sector by 3.77%. Over the past four days, Shakti Pumps has seen a cumulative drop of 12.58%, reflecting a consistent downward trend.

The stock opened significantly lower today at Rs 1030.5, reaching an intraday low of the same price. Despite this recent downturn, Shakti Pumps maintains a position above its 50-day, 100-day, and 200-day moving averages, although it is currently below its 5-day and 20-day moving averages.

In the broader market context, the compressors and pumps sector has also faced pressure, declining by 2.02%. Over the past month, Shakti Pumps has recorded a decrease of 6.21%, while the Sensex has shown a slight decline of 3.83%. These performance indicators highlight the current challenges faced by Shakti Pumps in a fluctuating 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