Electrosteel Castings Shows Short-Term Resilience Amid Long-Term Performance Challenges

Mar 27 2025 03:15 PM IST
share
Share Via
Electrosteel Castings saw a significant rise on March 27, 2025, reversing three days of decline and outperforming its sector. While the stock is above its 20-day moving average, it remains below several longer-term averages. Despite recent gains, the company faces challenges with a notable year-over-year decline.
Electrosteel Castings has experienced a notable uptick of 5.1% on March 27, 2025, marking a significant turnaround after three consecutive days of decline. The stock reached an intraday high of Rs 100.63, reflecting a 5.07% increase during the trading session. This performance outpaced the broader market, with Electrosteel Castings outperforming its sector by 4.53%.

In terms of moving averages, the stock is currently positioned higher than its 20-day moving average but remains below the 5-day, 50-day, 100-day, and 200-day moving averages. Over the past month, Electrosteel Castings has shown an 8.01% increase, contrasting with a 4.03% gain in the Sensex. However, its performance over the longer term reveals challenges, with a 43.23% decline over the past year compared to a 6.34% rise in the Sensex.

Overall, while Electrosteel Castings has shown resilience today, its longer-term performance metrics indicate a complex market position within the castings and forgings industry.
{{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