Sheela Foam Faces Significant Stock Volatility Amid Broader Consumer Durables Decline

Sheela Foam, a midcap player in the consumer durables sector, has experienced significant volatility in its stock performance recently. As of February 14, 2025, the stock has approached a 52-week low, sitting just 0.21% above this threshold at Rs 771.05, after hitting an intraday low of Rs 771.05, reflecting a decline of 2.06% for the day.
Over the past six trading sessions, Sheela Foam has faced a consecutive decline, resulting in a total drop of 10.88%. This downturn is notable, especially as the broader consumer durables sector has also seen a decrease of 2.12%. In terms of moving averages, Sheela Foam is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.

In the past year, Sheela Foam's performance has been challenging, with a decline of 28.95%, contrasting sharply with the Sensex, which has gained 5.28% during the same period. These metrics highlight the stock's current struggles within a fluctuating market landscape.