Posted On: July 18, 2023

Stock Report : ANIKINDS (NSE) 17 Jul 2023

Outlook: Bearish

Sector: Consumer Defensive

Industry: Food Distribution

ANIKINDS (NSE) is a company with a rich history, having been founded in 1976. Based in India, the company has established itself as a notable player in its industry. As of 2022, ANIKINDS boasts a dedicated workforce of 45 employees, contributing to its growth and success. The company has expanded its reach through several subsidiaries, including Revera Milk Food Product Pvt Ltd, Anik Energy Pvt. Ltd., and Anik Ferro-Alloys Pvt. Ltd. These subsidiaries complement ANIKINDS’ core business and allow it to diversify its offerings, potentially tapping into different markets and revenue streams. With its headquarters in India and a growing presence in various sectors, ANIKINDS continues to strive for excellence and further strengthen its position in the market.

#xCalData predicts that #ANIKINDSwill continue its bearish phase over the next five days and trend within the range of 32 to 30.

In comparison to the previous month, the price of the stock has experienced a decline of 1.72% indicating a bearish.

The Stock has doubled once since 24 Aug 2017 and took an average of 0.0 years to double.

The stock has shown seasonality trend in the past.

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 4 years in the past.

Majority of the technical ratios trend towards Bearish side of the spectrum. Only one technical indicator namely ASI indicate Bullish view.

Collectively, xCalData suggests the stock would be in Bearish zone for next 5 days.

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