Veritas (India) Ltd Faces Intense Selling Pressure Amid Significant Price Declines
Veritas (India) Ltd is experiencing notable selling pressure, with the stock showing only sellers and recording consecutive losses. It has underperformed the Sensex over various time frames, including a significant decline of 57.76% over the past year. The stock is trading below all key moving averages, indicating ongoing downward momentum.
Veritas (India) Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced consecutive days of losses, opening down by 2% and reaching an intraday low of Rs 382.25. Over the past week, Veritas has declined by 1.48%, while the benchmark Sensex has fallen by a lesser 1.19%. In a broader context, Veritas has underperformed the Sensex across various time frames. Over the past month, the stock is down 0.61% compared to the Sensex's decline of 3.86%. However, the disparity becomes more pronounced over the past year, with Veritas plummeting 57.76% against the Sensex's modest gain of 0.94%. Year-to-date, the stock has dropped 55.90%, while the Sensex has risen by 2.66%.
The stock's performance is further highlighted by its trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This trend suggests a persistent downward momentum, contributing to the current selling pressure.
{{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
