Senco Gold Faces Significant Market Challenges Amid Broader Sector Volatility in October 2023
Senco Gold has faced notable volatility, opening with a significant loss and underperforming its sector. The stock is trading below key moving averages and has seen a substantial decline over the past month, contrasting with the broader market's slight increase, indicating ongoing challenges in the diamond and gold jewellery industry.
Senco Gold, a midcap player in the diamond and gold jewellery industry, has experienced significant volatility today, opening with a loss of 15.11%. The stock's performance has notably underperformed its sector, with a decline of 18.22% compared to its peers. Throughout the trading session, Senco Gold reached an intraday low of Rs 364.3, marking a decrease of 18.83%.In terms of moving averages, Senco Gold is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Over the past day, the stock has declined by 16.59%, while the broader Sensex index has shown a slight increase of 0.06%. Additionally, the stock has faced a substantial drop of 28.22% over the past month, contrasting sharply with the Sensex's modest decline of 0.41%.
These performance metrics highlight the challenges Senco Gold is facing in the current market environment, reflecting broader trends within the diamond and gold jewellery sector.
{{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
