Edelweiss Financial Services Faces Continued Decline Amid Broader Market Stability

Jan 22 2025 01:15 PM IST
share
Share Via
Edelweiss Financial Services has experienced a significant decline, marking its second consecutive day of losses with a total drop of 7.62%. The stock's performance has lagged behind its sector, and it has underperformed compared to the broader market, reflecting ongoing challenges in the current financial landscape.
Edelweiss Financial Services, a midcap entity in the finance and non-banking financial company (NBFC) sector, has seen a notable decline of 5.3% on January 22, 2025, marking its second consecutive day of losses with a total drop of 7.62% over this period. The stock's performance has lagged behind its sector, showing a difference of -3.48%.

During today's trading session, Edelweiss reached an intraday low of Rs 107.95, reflecting a decrease of 5.47%. In terms of moving averages, the stock is positioned above the 200-day moving average but below the 5-day, 20-day, 50-day, and 100-day moving averages, indicating mixed short-term momentum.

In the broader market context, while Edelweiss Financial Services has declined by 5.30% today, the Sensex has experienced a slight increase of 0.20%. Over the past month, the company's stock has decreased by 13.89%, contrasting with a smaller decline of 2.63% in the Sensex. These metrics highlight the challenges faced by Edelweiss Financial Services in the current market environment.
{{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