Veritas (India) Ltd Faces Intense Selling Pressure Amid Significant Price Declines
Veritas (India) Ltd is experiencing notable selling pressure, with the stock declining significantly over various timeframes. It has underperformed compared to the Sensex and its sector, trading near its 52-week low. The company's long-term performance reflects substantial losses, indicating a challenging environment for the microcap trading and distribution firm.
Veritas (India) Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses, falling 2.89% in just one day, and has seen a decline of 4.49% over the past week. This trend is starkly contrasted by the performance of the Sensex, which has gained 1.04% today and 1.03% over the past week.In terms of longer-term performance, Veritas (India) has struggled significantly, with a staggering 58.62% drop over the past year, while the Sensex has risen by 1.24% during the same period. Year-to-date, the stock is down 57.59%, compared to a 4.22% increase in the Sensex. The stock is also trading close to its 52-week low, just 3.94% away from Rs 353.55.
The stock has underperformed its sector by 5.59% today, and it has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The recent selling pressure may be attributed to broader market trends, as the trading sector has gained 2.87%. Overall, Veritas (India) Ltd's performance indicates a challenging environment for the microcap trading and distribution company.
{{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
