IFGL Refractories Hits 52-Week Low Amid Ongoing Market Challenges and Volatility

Mar 03 2025 02:21 PM IST
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IFGL Refractories has reached a new 52-week low, continuing a downward trend with a notable decline over the past five days. The stock exhibited high volatility during intraday trading, and its performance over the past year significantly lags behind both the Sensex and its sector.
IFGL Refractories has experienced significant activity today, reaching a new 52-week low of Rs. 327.45. The stock has been on a downward trend, having fallen consecutively for the past five days, resulting in a total decline of 16.68% during this period. Despite opening with a gain of 8.86%, the stock's performance has underperformed its sector by 0.44%.

Intraday, IFGL Refractories peaked at Rs. 367.95 but also faced a low of Rs. 327.45, showcasing high volatility with an intraday fluctuation of 8.7%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position.

Over the past year, IFGL Refractories has seen a decline of 42.62%, contrasting sharply with the Sensex, which has only decreased by 1.01%. The refractories sector as a whole has also faced challenges, with a decline of 2.68%. This performance highlights the ongoing difficulties faced by IFGL Refractories in the current market landscape.
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