Safari Industries (India) Sees Revision in Stock Evaluation Amid Market Volatility
Safari Industries (India) has recently undergone a revision in its score, reflecting its current market challenges. Despite an initial gain during trading, the stock has faced notable downward pressure, contributing to a decline over the past few days. The company has been added to MarketsMojo's list, highlighting its ongoing evaluation amidst fluctuating performance metrics.
Safari Industries (India) has recently undergone a revision in its score, reflecting the company's current market dynamics and performance indicators. Despite a challenging trading environment, the stock opened positively, gaining early momentum before facing significant downward pressure throughout the day. The company, which operates within the plastic products sector, has seen its stock price decline by 5.46% as of December 23, 2024. This decline has positioned Safari Industries below its industry performance, with a notable difference of 4.03%. Over the past three days, the stock has faced consistent selling pressure, accumulating a total decline of 5.67%.
Intraday trading revealed a high level of volatility, with the stock reaching an intraday high of Rs 2,745.8 before dipping to a low of Rs 2,544.9. This fluctuation underscores the stock's susceptibility to market forces, as evidenced by an intraday volatility rate of 5.36%.
In terms of moving averages, Safari Industries remains above the 50-day, 100-day, and 200-day averages, indicating some longer-term stability. However, it is currently trading below the 5-day and 20-day averages, suggesting short-term challenges.
Despite these fluctuations, the stock has shown a performance increase of 1.81% over the past month, contrasting with a slight decline of 0.71% in the Sensex during the same timeframe. Additionally, Safari Industries has been added to MarketsMOJO's list, reflecting a strategic recognition of its potential amidst the current market conditions.
Investors and analysts will be closely monitoring the company's performance as it navigates these challenges and seeks to regain momentum in the coming weeks.
{{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
Most Read
