Mangalam Drugs Faces Significant Volatility Amidst Ongoing Market Challenges

Mar 03 2025 10:35 AM IST
share
Share Via
Mangalam Drugs and Organics, a microcap in the Pharmaceuticals & Drugs sector, has faced significant volatility, reaching a new 52-week low. The stock has declined 18.67% over six days and is trading below key moving averages, reflecting ongoing challenges in the market compared to broader indices.
Mangalam Drugs and Organics, a microcap player in the Pharmaceuticals & Drugs industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 84.66. This decline marks a notable performance dip, as the stock has underperformed its sector by 5.59%. Over the past six days, Mangalam Drugs has seen a consecutive fall, accumulating a total decline of 18.67%.

Despite opening with a gain of 17.67% today, the stock's intraday performance has been marked by high volatility, with an intraday fluctuation of 19.42%. The stock peaked at Rs. 107.9 before hitting its low of Rs. 84.66.

In terms of moving averages, Mangalam Drugs is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a challenging market position. Over the past year, the stock has recorded a performance decline of 29.72%, contrasting sharply with the Sensex, which has only seen a decrease of 1.09%. This performance highlights the ongoing challenges faced by Mangalam Drugs and Organics in the current market landscape.
{{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