Sheela Foam Ltd. Stock Continues Downward Trend, Underperforms Sector by -3.23%
Sheela Foam Ltd., a midcap company in the consumer durables industry, has been experiencing a downward trend in its stock performance. On August 5th, 2024, the stock lost -5.05% of its value, underperforming the sector by -3.23%. This marks the fifth consecutive day of losses, with a total decline of -7.92% in this period. The stock is currently trading below its moving averages, indicating a bearish trend. The consumer durables sector as a whole has also seen a decline of -2.69%. Investors should monitor the stock closely as it continues to face downward pressure.
Sheela Foam Ltd., a midcap company in the consumer durables industry, has been facing a downward trend in its stock performance. On August 5th, 2024, the company's stock lost -5.05% of its value, underperforming the sector by -3.23%. This marks the fifth consecutive day of losses for the stock, with a total decline of -7.92% in this period.
The stock opened with a gap down of -8.52% and touched an intraday low of Rs 913.55. Sheela Foam Ltd. is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.
The consumer durables sector as a whole has also seen a decline of -2.69%. MarketsMOJO has given a 'Sell' call for Sheela Foam Ltd.'s stock.
In comparison to the overall market performance, Sheela Foam Ltd. has underperformed with a -4.82% decline in just one day, while the Sensex has only seen a -1.81% decline. In the past month, the stock has seen a -8.16% decline, while the Sensex has only seen a -0.60% decline.
Investors should keep a close eye on the performance of Sheela Foam Ltd. and the consumer durables sector as a whole, as the stock continues to face downward pressure.
{{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
