Spectra Industries Faces Selling Pressure Amidst Persistent Buying Activity and New 52-Week Low

May 06 2025 10:25 AM IST
share
Share Via
Spectra Industries Ltd, a microcap in the auto ancillary sector, is experiencing notable buying interest despite recent declines. The stock has dropped significantly over the past month and reached a new 52-week low, while trading below key moving averages, indicating a bearish trend amid ongoing selling pressure.
Spectra Industries Ltd, a microcap player in the auto ancillary sector, is currently witnessing strong buying activity despite its recent performance trends. The stock has experienced a consecutive decline over the past three days, with a total drop of 6.98%. Today, it reported a performance of -1.10%, underperforming the Sensex, which fell by only 0.32%.

Over the past month, Spectra Industries has seen a significant decline of 18.18%, contrasting sharply with the Sensex's gain of 6.87%. The stock has also hit a new 52-week low of Rs. 3.6 today, indicating ongoing selling pressure.

In terms of moving averages, Spectra Industries is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a bearish trend. The stock's year-to-date performance stands at -12.20%, while the Sensex has gained 3.07% during the same period.

The persistent buying activity may be attributed to market participants looking for value in a stock that has seen substantial declines, although the overall performance remains weak relative to broader market indices.
{{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