Why is Salasar Techno falling/rising?
As of 05-Aug, Salasar Techno Engineering Ltd's stock price is Rs 7.10, down 0.14%, and has fallen for four consecutive days, totaling a 1.8% decline. The stock is underperforming compared to the Sensex, which has gained 3.29% year-to-date, and is trading below all major moving averages, indicating a bearish trend.
As of 05-Aug, Salasar Techno Engineering Ltd's stock price is currently at Rs 7.10, reflecting a decrease of Rs 0.01 or 0.14%. The stock has been experiencing a downward trend, having fallen for the last four consecutive days, resulting in a total decline of 1.8% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 1.66%, and it has seen a significant decline of 50% year-to-date, contrasting sharply with the Sensex, which has gained 3.29% in the same timeframe. Notably, the stock is close to its 52-week low, just 1.13% above Rs 7.02. However, there has been a rise in investor participation, with delivery volume increasing by 31.2% compared to the 5-day average, suggesting some interest despite the overall negative performance.In the broader market context, Salasar Techno's recent performance has been notably weaker than the benchmark Sensex, which has only declined by 0.77% over the past week and has shown a positive return of 3.29% year-to-date. This stark contrast highlights the stock's underperformance relative to the market. The liquidity of the stock remains adequate, with trading volumes suggesting it can accommodate trades of Rs 0.09 crore, but the overall sentiment appears to be negative, as evidenced by the significant year-on-year decline of 58.82% compared to the Sensex's modest gain of 2.48%.
{{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
