Key Events This Week
2 Mar: MarketsMOJO upgrades Sheela Foam Ltd. to Hold amid mixed fundamentals
4 Mar: Technical momentum shifts to mildly bearish with mixed indicator signals
5 Mar: Technical trend deteriorates to bearish amid sector headwinds
6 Mar: Week closes at Rs.521.45, down 4.99%
Why is Sheela Foam Ltd. falling/rising?
2026-03-07 01:03:33
Recent Price Movement and Market Performance
Sheela Foam’s stock has underperformed significantly against the benchmark Sensex across multiple timeframes. Over the past week, the stock fell by 5.15%, nearly double the Sensex’s decline of 2.91%. The one-month performance is even more pronounced, with the stock shedding 11.54% compared to the Sensex’s 5.58% drop. Year-to-date, the stock is down 10.82%, lagging behind the broader market’s 7.39% decline. Over the last year, the stock has plunged 29.73%, while the Sensex has gained 6.16%. This stark contrast highlights the stock’s sustained underperformance relative to the broader market.
On 06-Mar, the stock touched an intraday low of ₹520.50, hovering just 4.33% above its 52-week low of ₹498.05. The price has been falling...
Read full news article
Sheela Foam Ltd. Technical Momentum Shifts Amid Bearish Sentiment
2026-03-05 08:04:26Sheela Foam Ltd., a key player in the Furniture and Home Furnishing sector, has experienced a notable shift in its technical momentum, moving from a mildly bearish to a bearish trend. Recent technical indicators, including MACD, RSI, and moving averages, signal increasing downside pressure, reflecting the stock’s underperformance relative to benchmarks such as the Sensex.
Read full news article
Sheela Foam Ltd. Technical Momentum Shifts Amid Mixed Market Signals
2026-03-04 08:06:24Sheela Foam Ltd., a key player in the Furniture and Home Furnishing sector, has witnessed a subtle shift in its technical momentum, moving from a bearish stance to a mildly bearish outlook. This transition is underscored by a complex interplay of technical indicators, including MACD, RSI, moving averages, and Bollinger Bands, signalling a nuanced market sentiment as the stock trades at ₹554.55, slightly up 1.04% from its previous close.
Read full news article
Sheela Foam Ltd. Upgraded to Hold by MarketsMOJO Amid Mixed Fundamentals and Technical Signals
2026-03-03 08:42:43Sheela Foam Ltd., a key player in the furniture and home furnishing sector, has seen its investment rating upgraded from Sell to Hold as of 2 March 2026. This change reflects a nuanced improvement across technical indicators, valuation metrics, financial trends, and overall quality assessments, signalling a cautious optimism among analysts despite lingering challenges in long-term growth and market performance.
Read full news article








