Stock of Interest

Posted On: July 28, 2023

Stock Report : SAGCEM (NSE) 27 Jul 2023

Sagar Cements Limited is a prominent Indian multinational cement company headquartered in Hyderabad, India. With an impressive installed production capacity of 5.75 MTPA, it holds a leading position in India’s cement manufacturing sector. The company is dedicated to generating lasting value for its stakeholders while embracing sustainable growth practices. By focusing on research and development, Sagar Cements strives to develop innovative product solutions. Their mission is to become India’s most esteemed and appealing company in the industry, consistently delivering world-class cement and ensuring customer satisfaction.

#xCalData predicts that #SAGCEM will continue its bearish phase over the next five days and trend within the range of 195 to 205. 

In comparison to the previous month, the price of the stock has experienced a decline of 7.04% indicating a bearish.

 
The Stock has doubled twice since 27 Mar 2015 and took an average of 3.1 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 1 years in the past. 

Majority of the technical ratios trend towards Bearish side of the spectrum. OBV Indicates Bullish Trend. 

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

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

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