Mangalam Seeds Hits 52-Week Low Amid Sustained Downward Trend in Agri-Sector

Jan 28 2025 10:06 AM IST
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Mangalam Seeds, a microcap in the agri-seeds sector, has hit a new 52-week low, reflecting significant volatility and a notable underperformance compared to its sector. The stock has declined consecutively over three days, with a challenging performance over the past year, trailing behind broader market gains.
Mangalam Seeds, a microcap player in the agri-seeds industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 182.05. This decline marks a notable underperformance, with the stock trailing its sector by 3.28%. Over the past three days, Mangalam Seeds has seen a consecutive drop, accumulating a total loss of 8.98%.

Today's trading session saw the stock hit an intraday low of Rs. 182.05, reflecting a decrease of 4.74% from the previous close. The company's performance over the past year has been challenging, with a decline of 26.52%, contrasting sharply with the Sensex, which has gained 7.28% during the same period.

Additionally, Mangalam Seeds 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 these developments impact the company's market position moving forward.
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