Sylph Technologies Faces Intense Selling Pressure Amid Significant Price Declines
Sylph Technologies Ltd is experiencing significant selling pressure, with a notable decline over the past week and month. The stock has reached a new 52-week low and is trading below key moving averages. The broader IT sector's challenges may be impacting the company's performance.
Sylph Technologies Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past seven days, resulting in a substantial loss of 24.74% during this period. Today, the stock fell by 3.95%, underperforming the Sensex, which decreased by only 0.89%.Over the past week, Sylph Technologies has seen a staggering 18.89% drop, while the Sensex has declined by just 1.79%. The stock's performance over the last month is equally concerning, with a 26.26% decrease compared to the Sensex's modest 2.04% decline. Year-to-date, Sylph Technologies has lost 34.82%, contrasting sharply with the Sensex's decline of 4.48%.
The stock has hit a new 52-week low of Rs. 0.73 today and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The broader IT - Software sector has also faced challenges, falling by 2.27%, which may contribute to the selling pressure on Sylph Technologies. Overall, the stock's performance relative to the Sensex highlights a troubling trend for investors in this microcap IT company.
{{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
