SRM Energy Faces Intense Selling Pressure Amidst Consecutive Losses and Market Challenges
SRM Energy Ltd is experiencing notable selling pressure, with the stock declining for 11 consecutive days and a total drop of 18.12%. Despite a recent monthly gain, its year-to-date performance remains stagnant, reflecting challenges amid broader market trends and investor sentiment in the power sector.
SRM Energy Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past 11 days, resulting in a total decline of 18.12%. Today, SRM Energy's stock price fell by 1.98%, underperforming the Sensex, which saw a minimal decline of 0.04%. In the past week, SRM Energy has dropped 7.74%, while the Sensex fell by 1.62%. Over the last month, however, the stock managed a gain of 6.53%, contrasting with the Sensex's decline of 3.81%. Despite this recent uptick, the longer-term performance reveals challenges, with a year-to-date performance of 0.00% compared to the Sensex's 3.48% gain.
The stock's current price is above its 100-day moving average but below its 5-day, 20-day, 50-day, and 200-day moving averages, indicating a potential shift in market sentiment. Factors contributing to the selling pressure may include broader market trends and investor sentiment within the power sector, which could be influencing SRM Energy's performance relative to the Sensex.
{{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
