ESAF Small Finance Bank Hits 52-Week Low Amid Sustained Market Challenges

Feb 11 2025 09:36 AM IST
share
Share Via
ESAF Small Finance Bank has hit a new 52-week low, reflecting significant volatility and a notable decline in performance compared to its sector. The stock has consistently traded below key moving averages and has seen a substantial drop over the past year, highlighting ongoing challenges in the competitive banking landscape.
ESAF Small Finance Bank has experienced significant volatility today, reaching a new 52-week low of Rs. 32.84. This marks a notable decline, as the stock has underperformed its sector by 5.53%. Over the past two days, ESAF has seen a consecutive fall, with returns dropping by 8.68%. The stock opened with a gap down of 4.99%, reflecting ongoing challenges in its market performance.

In terms of moving averages, ESAF Small Finance Bank is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. Over the past year, the bank's stock has declined by 49.29%, contrasting sharply with the Sensex, which has gained 7.69% during the same period. This performance highlights the bank's struggles within the competitive landscape of the private banking sector, particularly among small-cap institutions. Investors and market watchers will be keen to observe how ESAF navigates these challenges moving forward.
{{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