Sasken Technologies Faces Significant Stock Decline Amid Broader IT Sector Challenges

Apr 04 2025 01:45 PM IST
share
Share Via
Sasken Technologies, a small-cap IT software firm, saw a notable decline on April 4, 2025, amid a broader downturn in the industry. The company's stock has consistently underperformed against the Sensex, reflecting ongoing market challenges, including a significant drop in the Sensex itself.
Sasken Technologies, a small-cap player in the IT software sector, experienced a significant decline of 7.47% on April 4, 2025. This drop comes as the broader IT software industry faced a downturn, falling by 2.73%. Sasken's stock performance today underperformed the sector by 4.66%, with an intraday low of Rs 1,448.1, marking a decrease of 7.83%.

In terms of moving averages, Sasken Technologies is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Over various time frames, the stock has shown notable underperformance compared to the Sensex. For instance, in the past month, Sasken has declined by 8.89%, while the Sensex has gained 3.25%. Year-to-date, the stock is down 31.42%, contrasting with the Sensex's decline of 3.56%.

Overall, Sasken Technologies' recent performance reflects broader market challenges, particularly as the Sensex itself has faced a sharp decline, falling 690.32 points to 75,469.77, or 1.08%, after a negative opening.
{{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