Wendt India Faces Continued Decline Amid Erratic Trading Patterns and Sector Underperformance

Jan 22 2025 09:35 AM IST
share
Share Via
Wendt India, a small-cap company in the abrasives sector, is experiencing a challenging trading session, marked by significant volatility and a notable decline over recent days. The stock is trading below multiple moving averages, indicating a bearish trend, and has underperformed compared to its sector and the broader market.
Wendt India, a small-cap player in the abrasives industry, is facing a challenging trading session today, opening down by 6%. This decline marks a continuation of a downward trend, with the stock underperforming its sector by 5.36% and experiencing a total loss of 7.59% over the past two days.

The stock reached an intraday low of Rs 14,100.05, highlighting its significant volatility, which has been recorded at an intraday rate of 241.31%. Additionally, Wendt India has not traded on one day out of the last 20, indicating erratic trading patterns.

From a technical perspective, Wendt India is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reinforcing a bearish trend. Over the past month, the stock has declined by 11.58%, contrasting sharply with the Sensex's decrease of only 2.38%.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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