Veljan Denison Experiences Revision in Its Stock Evaluation Amid Market Challenges
Veljan Denison has experienced a revision in its score following a significant decline, reaching a new 52-week low. Despite a recent performance that outpaced its sector, the stock continues to struggle, prompting an adjustment in evaluation by MarketsMojo, reflecting ongoing challenges in the market.
Veljan Denison, a microcap player in the engineering and industrial equipment sector, has recently experienced a revision in its score, reflecting ongoing challenges in the market. The stock has been under pressure, hitting a new 52-week low of Rs. 1185 on December 23, 2024, following a consecutive decline over the past 11 trading days.Despite this downturn, Veljan Denison managed to outperform its sector slightly on the trading day, indicating some resilience amid broader struggles. However, the company's performance over the past year has been concerning, with a significant decline that starkly contrasts with the overall market trend, as represented by the Sensex's gains.
The stock is currently trading below its various moving averages, which suggests a persistent downward trajectory. In light of these developments, Veljan Denison has been added to MarketsMOJO's list, signaling a noteworthy adjustment in evaluation as analysts reassess the company's market position and performance indicators. The ongoing challenges faced by Veljan Denison underscore the complexities of navigating the current economic landscape.
{{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
