Shish Industries Faces Ongoing Market Challenges Amid Significant Stock Volatility in October 2023
Shish Industries, a microcap in the plastic products sector, has hit a new 52-week low, reflecting ongoing market challenges. The stock has underperformed its sector and consistently traded below key moving averages, indicating a sustained period of weakness, with a notable decline over the past year compared to the Sensex.
Shish Industries, a microcap player in the plastic products sector, has experienced significant volatility, hitting a new 52-week low of Rs. 9.4 today. This decline marks a continued downturn, with the stock underperforming its sector by 2.18%. Over the past nine days, Shish Industries has seen a cumulative drop of 12.87%, reflecting ongoing challenges in its market position.In terms of performance metrics, the stock has consistently traded below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This trend indicates a sustained period of weakness for the company.
Looking at the broader picture, Shish Industries has recorded a 1-year performance decline of 12.66%, contrasting sharply with the Sensex, which has gained 6.72% over the same period. These figures highlight the ongoing struggles faced by Shish Industries in a competitive market environment, emphasizing the need for strategic reassessment as it navigates these challenging conditions.
{{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
