Magnum Ventures Hits 52-Week Low Amid Sustained Downward Trend in Paper Sector

Feb 11 2025 10:35 AM IST
share
Share Via
Magnum Ventures, a microcap in the Paper & Paper Products sector, has hit a new 52-week low, reflecting significant volatility. The stock has declined 10.76% over two days and 45.63% over the past year, underperforming compared to the broader market. It is trading below key moving averages.
Magnum Ventures, a microcap company in the Paper & Paper Products industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 32.75. This decline marks a notable underperformance, with the stock trailing its sector by 4.89%. Over the past two days, Magnum Ventures has seen a consecutive drop, accumulating a total decline of 10.76%.

Today's trading session saw the stock hit an intraday low of Rs. 32.75, reflecting a decrease of 7.3% from the previous close. The company's performance over the past year has been challenging, with a decline of 45.63%, contrasting sharply with the Sensex, which has gained 7.52% during the same period.

Additionally, Magnum Ventures is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. Investors and market watchers will be keen to observe how the company navigates these challenges in the coming days.
{{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