Wendt India's Stock Volatility Signals Broader Challenges in Abrasives Sector

Feb 14 2025 02:30 PM IST
share
Share Via
Wendt India, a small-cap company in the abrasives sector, has faced notable stock volatility, with a significant decline observed today. The company's performance has lagged behind its sector and broader market indices, indicating ongoing challenges within the industry and a bearish trend in its stock price.
Wendt India, a small-cap player in the abrasives industry, has experienced significant volatility today, with its stock price declining by 7.42% as of February 14, 2025. The stock opened the trading session with a gap down of 4.66%, reflecting a challenging market environment. Throughout the day, Wendt India reached an intraday low of Rs 11,001, marking a decrease of 6.77%.

In terms of performance metrics, Wendt India has notably underperformed compared to its sector, which has seen a decline of 2.83%. Over the past month, the company's stock has dropped by 27.27%, contrasting sharply with the Sensex, which has only decreased by 1.04%. Additionally, Wendt India is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its price action.

As the abrasives sector faces headwinds, Wendt India's performance reflects broader market challenges, highlighting the need for close monitoring of its financial health and market positioning.
{{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