Ankit Metal & Power Faces Intense Selling Pressure Amid Significant Price Declines

Apr 21 2025 10:30 AM IST
share
Share Via
Ankit Metal & Power Ltd is experiencing significant selling pressure, with a notable decline in its stock price. The company has faced consecutive losses, with substantial declines over the past week, month, and year. Its performance has been markedly poor compared to the broader market and its sector.
Ankit Metal & Power Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has recorded a decline of 4.35% today, starkly contrasting with the Sensex's positive performance of 0.76%. This marks a continuation of a troubling trend, as Ankit Metal & Power has now experienced consecutive days of losses, with a weekly decline of 8.76% and a staggering monthly drop of 21.43%.

Over the past three months, the stock has plummeted by 51.11%, while the Sensex has gained 4.36%. Year-to-date, Ankit Metal & Power has seen a decline of 57.96%, compared to the Sensex's modest increase of 1.29%. The stock's performance over the last three years is particularly concerning, with a decrease of 78.36%, while the Sensex has risen by 36.67%.

Currently, Ankit Metal & Power is trading just 2.53% above its 52-week low of Rs 1.93. The stock has underperformed its sector by 5.31% today and has shown erratic trading patterns, not trading on four days out of the last 20. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend.
{{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