Carborundum Universal Faces Sustained Downward Trend Amid Industry Volatility

Feb 28 2025 09:36 AM IST
share
Share Via
Carborundum Universal, a midcap player in the abrasives industry, has faced significant volatility, hitting a new 52-week low. The stock has underperformed its sector and experienced a notable decline over the past year, trading below key moving averages, highlighting ongoing challenges in its market position.
Carborundum Universal, a midcap player in the abrasives industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 819.3. This decline marks a notable performance dip, as the stock has underperformed its sector by 0.89%. Over the past five days, Carborundum Universal has seen a consecutive decline, with returns dropping by 9.67%.

Today's trading session saw the stock hit an intraday low of Rs. 819.3, reflecting a decrease of 3.18%. The company's performance over the past year has also been challenging, with a decline of 21.48%, contrasting sharply with the Sensex, which has gained 2.02% during the same period.

Additionally, Carborundum Universal is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. As the company navigates these challenges, its market position remains a focal point for observers in the abrasives sector.
{{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