Sugal & Damani Faces Intense Selling Pressure Amid Notable Price Decline
Sugal & Damani Share Brokers Ltd is experiencing significant selling pressure, reversing a six-day gain streak. Despite impressive annual growth of 249.27%, the stock has declined today after reaching a new all-time high. Current market dynamics and profit-taking may be influencing this shift in sentiment.
Sugal & Damani Share Brokers Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced a notable decline of 4.77%, underperforming the Sensex, which fell by 1.13%. This marks a trend reversal after six consecutive days of gains, indicating a shift in market sentiment.In terms of performance, Sugal & Damani has shown remarkable growth over the past year, with a staggering increase of 249.27%, compared to the Sensex's modest 5.15% rise. However, today's performance highlights a stark contrast, as the stock opened with a gain of 3.19% but quickly fell to an intraday low of Rs 106.79, down 5% from its peak of Rs 116, which also represents a new 52-week and all-time high.
The stock's recent performance has been impressive, with a 102.90% increase over the past three months and a remarkable 518.79% rise over the last three years. Despite these gains, the current selling pressure may be attributed to profit-taking after a strong rally, as well as broader market dynamics affecting investor sentiment.
{{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
