Vandana Knitwear Faces Intense Selling Pressure Amid Recent Price Declines
Vandana Knitwear Ltd is experiencing notable selling pressure, with a decline in stock performance over the past two days. Despite a strong monthly gain, recent trends indicate a shift in market sentiment, raising concerns about the sustainability of its long-term growth amid current underperformance.
Vandana Knitwear Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has experienced consecutive losses over the past two days, declining by 3.86% during this period. Today, Vandana Knitwear's performance dipped by 1.93%, notably underperforming against the Sensex, which fell just 0.03%.Despite a strong performance over the past month, where the stock surged by 23.76% compared to the Sensex's 5.99%, the recent trend indicates a shift in market sentiment. Over the last week, Vandana Knitwear gained 1.86%, but this was overshadowed by the current selling activity.
The stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, yet it is currently below its 5-day moving average, suggesting a potential short-term weakness. The microcap company has shown impressive long-term growth, with a staggering 710.65% increase over the past three years, but the recent selling pressure raises questions about the sustainability of this momentum.
{{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
