Shilchar Technologies Faces Consecutive Losses Amid Broader Market Gains

Shilchar Technologies, a midcap player in the Other Electrical Equipment industry, has experienced a notable decline of 6.03% on June 11, 2025. This drop marks the third consecutive day of losses for the stock, which has seen a cumulative decline of 12.3% over this period. Today, the stock reached an intraday low of Rs 5,266, reflecting a decrease of 5.54%.
In terms of performance metrics, Shilchar Technologies has underperformed compared to the broader market, with a 1-day performance of -6.01% against the Sensex's modest gain of 0.12%. Over the past week, the stock has declined by 4.25%, while the Sensex has risen by 1.85%. However, looking at longer time frames, Shilchar Technologies has shown impressive growth, with a 1-year performance of 50.97% compared to the Sensex's 7.90%.

Despite the recent downturn, the stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is currently below its 5-day moving average. As the market continues to evolve, Shilchar Technologies' performance will be closely monitored for any shifts in trends.