Sharp India Faces Continued Volatility Amidst Broader Market Challenges in Air Conditioning Sector

Feb 24 2025 03:40 PM IST
share
Share Via
Sharp India, a microcap in the air conditioning sector, has faced notable volatility, hitting a new 52-week low and declining for 12 consecutive days. Despite this trend, it has slightly outperformed its sector today. The stock's moving averages indicate mixed performance, while long-term metrics remain unavailable.
Sharp India, a microcap player in the air conditioning industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 55.05. This decline marks a continued downward trend, with the stock having fallen for the last 12 consecutive days, resulting in a substantial decrease of 38.22% over this period.

Despite this downturn, Sharp India has managed to outperform its sector by 0.48% today, indicating some resilience amid broader market challenges. An analysis of the stock's moving averages reveals that while it is currently trading below the 5-day, 20-day, and 50-day moving averages, it remains above the 100-day and 200-day moving averages.

The one-year performance metrics for Sharp India remain unavailable, making it difficult to assess its long-term trajectory in comparison to the Sensex. As the company navigates these turbulent market conditions, stakeholders will be closely monitoring its performance indicators and market position in the air conditioning sector.
{{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
Most Read
Kanani Industries Ltd is Rated Strong Sell
37 minutes ago
share
Share Via
Shiva Texyarn Ltd is Rated Sell
37 minutes ago
share
Share Via
Riba Textiles Ltd is Rated Sell
37 minutes ago
share
Share Via
Piramal Pharma Ltd is Rated Strong Sell
37 minutes ago
share
Share Via
Infibeam Avenues Ltd is Rated Hold
37 minutes ago
share
Share Via