Olectra Greentech Faces Sustained Decline Amid Broader Auto-Trucks Sector Challenges

Feb 18 2025 11:55 AM IST
share
Share Via
Olectra Greentech has faced significant volatility, hitting a new 52-week low and experiencing a 19.23% decline over the past nine days. The stock is trading below multiple moving averages, reflecting a sustained downward trend, while the broader auto-trucks sector has also encountered challenges. Over the past year, the stock has dropped 44.67%.
Olectra Greentech, a midcap player in the auto-trucks industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 1105.65. This decline marks a notable underperformance, as the stock has fallen by 19.23% over the past nine consecutive days. Today's trading saw the stock dip to an intraday low of Rs. 1105.65, reflecting a decrease of 3.62%.

In terms of performance metrics, Olectra Greentech's stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. The broader auto-trucks sector has also faced challenges, with a decline of 2.21% observed today.

Over the past year, Olectra Greentech has seen a substantial drop of 44.67%, contrasting sharply with the Sensex, which has gained 4.56% during the same period. These figures highlight the ongoing challenges faced by Olectra Greentech in a competitive market landscape.
{{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