Manaksia Aluminium Faces Persistent Bearish Trend Amid Significant Stock Volatility

Mar 03 2025 10:07 AM IST
share
Share Via
Manaksia Aluminium Company has faced notable volatility, reaching a new 52-week low amid a continued downward trend. The stock has underperformed its sector significantly and has seen a substantial decline over the past year, contrasting sharply with broader market performance. It remains below key moving averages, indicating ongoing bearish sentiment.
Manaksia Aluminium Company, a microcap player in the non-ferrous metal industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 17.76. This decline marks a continued downward trend, with the stock underperforming its sector by 8.71% and recording a substantial 25.13% drop over the past six days.

Despite opening with a modest gain of 2.56%, the stock quickly retreated, hitting an intraday high of Rs. 20 before falling to its day's low. The performance over the past year has been notably poor, with a decline of 43.94%, contrasting sharply with the Sensex, which has only seen a slight decrease of 1.27% during the same period.

Additionally, Manaksia Aluminium is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish trend. Investors and market observers will be closely monitoring any developments that could impact the company's performance in this challenging environment.
{{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
Most Read
S.S. Infra. Dev. is Rated Strong Sell
37 minutes ago
share
Share Via
Vasundhara Rasayans Ltd is Rated Strong Sell
37 minutes ago
share
Share Via
Anupam Finserv Ltd is Rated Hold
37 minutes ago
share
Share Via
Vasudhagama Ent. is Rated Sell
37 minutes ago
share
Share Via
Aeroflex Neu Ltd is Rated Strong Sell
37 minutes ago
share
Share Via