Sukhjit Starch Hits 52-Week Low Amid Broader Market Challenges in Agriculture Sector
Sukhjit Starch & Chemicals has reached a new 52-week low, reflecting significant volatility and a 32.75% decline over the past year. The stock is trading below multiple moving averages, indicating a bearish trend. Meanwhile, the broader market, represented by the Sensex, is also experiencing challenges.
Sukhjit Starch & Chemicals, a microcap player in the Other Agricultural Products sector, has experienced significant volatility today, reaching a new 52-week low of Rs. 170. This decline marks a notable downturn for the company, which has seen its stock price drop by 32.75% over the past year, contrasting sharply with the Sensex's modest gain of 1.55% during the same period.Today's performance indicates that Sukhjit Starch underperformed its sector by 0.4%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a sustained bearish trend.
In the broader market context, the Sensex has also faced challenges, opening down by 145.25 points and further declining by 363.96 points to settle at 80,114.05, reflecting a decrease of 0.63%. Notably, the Sensex is trading below its 50-day moving average, which itself is positioned above the 200-day moving average, indicating a complex market environment.
As Sukhjit Starch navigates these challenges, its recent performance metrics highlight the ongoing pressures within the agricultural sector.
{{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
