Shantai Industries Faces Intense Selling Pressure Amid Significant Stock Price Decline
Shantai Industries Ltd is experiencing significant selling pressure, with its stock declining for the fifth consecutive day. Despite a strong performance over the past year and three years, its recent trend shows a notable drop, indicating a potential shift in market sentiment as it trades below several moving averages.
Shantai Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company, operating in the textile industry, has experienced a notable decline of 4.99% in its stock price, contrasting sharply with the Sensex's decline of 1.52%. This marks the fifth consecutive day of losses for Shantai Industries, accumulating a total drop of 22.73% over this period.In terms of performance, Shantai Industries has shown a mixed trend over various time frames. While it has gained 59.45% over the past year and 115.01% over three years, its five-year performance of 101.10% lags behind the Sensex's impressive 169.73%. Furthermore, the stock's ten-year performance reveals a stark decline of 94.05%, significantly underperforming the Sensex, which has risen by 169.78%.
Today's trading saw the stock open at Rs 63.75, hitting an intraday low of the same price, indicating a lack of upward movement. The stock is currently trading below its 5-day and 20-day moving averages, although it remains above the 50-day, 100-day, and 200-day moving averages. This trend suggests a potential shift in market sentiment, contributing to the ongoing selling pressure.
{{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
