Sreechem Resins Ltd. Faces 45.08% Year-to-Date Decline, Trading Near 52-Week Low
Sreechem Resins Ltd., a microcap in the commodity chemicals sector, is experiencing increased buying activity despite recent declines. The stock has faced significant pressure over the past year, trading below key moving averages and showing erratic trading behavior, which may influence current market interest.
Sreechem Resins Ltd., a microcap player in the commodity chemicals sector, is witnessing notable buying activity today, despite its recent performance trends. The stock has shown a 0.00% change in price today, while the Sensex has increased by 0.35%. Over the past week, Sreechem has declined by 9.23%, contrasting with the Sensex's gain of 2.25%. In the longer term, Sreechem's performance has been under pressure, with a 53.08% drop over the past year compared to the Sensex's modest increase of 1.26%. The stock is currently trading 4.94% above its 52-week low of Rs 29.26, indicating a challenging market position.
Factors contributing to the current buying pressure may include sector-specific trends or potential market corrections, as the stock has not traded on two occasions in the last 20 days, reflecting erratic trading behavior. Additionally, Sreechem Resins is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the stock's performance.
{{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
