Shakti Pumps Faces Seven-Day Losing Streak Amid Broader Market Challenges

Jan 31 2025 09:45 AM IST
share
Share Via
Shakti Pumps (India) has faced a significant decline, marking a seven-day losing streak with a notable drop in stock value. The company has underperformed its sector and experienced a decline over the past month, despite remaining above key long-term moving averages. Monitoring future trends is essential.
Shakti Pumps (India) has experienced a notable decline today, with the stock down by 5.0% as of January 31, 2025. This midcap player in the compressors and pumps industry has been on a downward trajectory, marking a consecutive seven-day losing streak that has resulted in a significant 23.94% drop over this period.

Today, the stock opened with a gap down of 4.63%, reaching an intraday low of Rs 896.5. In terms of performance metrics, Shakti Pumps has underperformed its sector by 5.22% today, while its one-month performance reflects a decline of 15.75%, compared to a slight decrease of 1.51% in the Sensex.

Despite these challenges, the stock remains above its 100-day and 200-day moving averages, although it is currently below its 5-day, 20-day, and 50-day moving averages. This performance indicates a complex market position for Shakti Pumps (India), highlighting the need for close monitoring of its future trends and developments.
{{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