Veljan Denison's Stock Hits 52-Week Low, MarketsMOJO Gives 'Sell' Call

Oct 03 2024 09:36 AM IST
share
Share Via
Veljan Denison, a top engineering company in the industrial equipment sector, has hit a 52-week low on October 3rd, 2024. MarketsMojo has given it a 'Sell' call, indicating a downward trend. The stock has been underperforming the sector and has seen a consecutive fall in the last 2 days. Despite this, the company is known for its high-quality equipment and investors should monitor its future performance.

Veljan Denison, a leading engineering company in the industrial equipment sector, has recently hit a 52-week low on October 3rd, 2024. The stock has been given a 'Sell' call by MarketsMOJO, indicating a downward trend in its performance.

The stock opened today with a loss of -2.51% and has been underperforming the sector by -0.93%. It has also been on a consecutive fall for the last 2 days, with a -3.84% return in that period. The day's low for the stock was Rs 1550.1, which is also its new 52-week low.

Veljan Denison's performance in the past year has been -28.40%, while the Sensex has seen a positive growth of 27.81%. The stock is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Despite the recent dip in its stock price, Veljan Denison remains a strong player in the engineering industry, known for its high-quality industrial equipment. Investors should keep an eye on the company's future performance and potential growth opportunities.
{{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