Everest Industries Experiences Notable Revision in Its Stock Evaluation Amid Market Challenges

Jan 07 2025 09:35 AM IST
share
Share Via
Everest Industries has undergone a revision in its score, reflecting the company's recent struggles in the construction materials sector. Despite a slight rebound after consecutive declines, the stock remains below its moving averages and has been added to MarketsMojo's list, indicating ongoing challenges in its market performance.
Everest Industries, a small-cap player in the construction materials sector, has recently experienced a notable adjustment in its evaluation. The stock has reached a new 52-week low, hitting Rs.733.7, marking a significant downturn in its performance over the past year, with a decline of 45.48%. This stark contrast to the Sensex, which has risen by 8.81% during the same period, highlights the challenges faced by the company.

Despite today's performance aligning with sector trends, Everest Industries has struggled to maintain momentum, trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This trend indicates ongoing difficulties in regaining investor confidence.

In light of these developments, the stock has been added to MarketsMOJO's list, reflecting a revision in its score. Investors and market watchers will be keen to observe how Everest Industries 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