Sharp India Faces Significant Volatility Amid Ongoing Market Challenges in Air Conditioning Sector

Feb 21 2025 10:35 AM IST
share
Share Via
Sharp India, a microcap in the air conditioning sector, hit a new 52-week low today, reflecting significant volatility and a 41.47% drop over the past 11 trading days. The stock is trading below all major moving averages and has underperformed compared to the broader market over the past year.
Sharp India, a microcap player in the air conditioning industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 55.6. This decline marks a notable underperformance, with the stock trailing its sector by 7.89%. Over the past 11 consecutive trading days, Sharp India has seen a substantial drop of 41.47%, reflecting ongoing challenges in its market position.

Intraday trading revealed a high of Rs. 64.7, representing a 6.07% increase, but this was overshadowed by the day's low of Rs. 55.6, which reflects an 8.85% decrease. The stock's volatility has been pronounced, with an intraday volatility rate of 7.56%, indicating fluctuating investor sentiment.

In terms of moving averages, Sharp India is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a persistent downward trend. Over the past year, the stock has declined by 12.89%, contrasting sharply with the Sensex, which has gained 3.71% during the same period.
{{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