Wendt India Faces Significant Market Challenges Amidst Broader Sector Decline

Jan 22 2025 12:30 PM IST
share
Share Via
Wendt India, a small-cap company in the abrasives sector, has encountered significant challenges, with its stock experiencing a notable decline. The stock has shown erratic trading patterns and is currently below multiple moving averages, reflecting a bearish trend amid broader market conditions.
Wendt India, a small-cap player in the abrasives industry, has faced notable challenges today, with its stock price declining by 7.35% on January 22, 2025. This decline marks a significant underperformance against its sector, which has seen a 5.49% drop. Over the past two days, Wendt India has experienced a cumulative decline of 10.37%.

The trading session began with a gap down, as the stock opened 6% lower and hit an intraday low of Rs 13,905.05, reflecting a decrease of 7.3%. Notably, the stock has shown erratic trading patterns, having not traded on one occasion in the last 20 days.

From a technical perspective, Wendt India is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past month, the stock has declined by 14.74%, contrasting sharply with the Sensex's decrease of only 2.80%. These metrics highlight the current challenges facing Wendt India in the market.
{{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