Sadhana Nitro Chem Faces Significant Price Pressure Amidst Market Underperformance in October 2023
Sadhana Nitro Chem, a microcap in the chemicals sector, has faced notable volatility, hitting a new 52-week low. The company's stock has declined significantly over the past year, underperforming against the Sensex and trading below multiple moving averages, indicating ongoing challenges in the market.
Sadhana Nitro Chem, a microcap player in the chemicals industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 27.32. This decline marks a notable underperformance, with the stock trailing its sector by 7.65%. Throughout the trading session, Sadhana Nitro Chem touched an intraday low of Rs. 27.32, reflecting an 8.72% drop.The company's performance over the past year has been challenging, with a decline of 55.01%, starkly contrasting with the Sensex, which has gained 6.79% during the same period. Additionally, Sadhana Nitro Chem is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend in its stock performance.
These metrics highlight the ongoing challenges faced by Sadhana Nitro Chem in the current market environment, as the company navigates through a period of significant price pressure and overall underperformance relative to broader market indices.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
