Plaza Wires Hits 52-Week Low Amid Ongoing Market Volatility and Decline

Feb 12 2025 09:38 AM IST
share
Share Via
Plaza Wires, a microcap in the cable industry, has hit a new 52-week low amid significant volatility, underperforming its sector. The stock has declined consecutively over four days and is trading below multiple moving averages, reflecting a bearish trend. Over the past year, it has dropped 31.50%.
Plaza Wires, a microcap player in the cable industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 68.24. This marks a notable decline, as the stock has underperformed its sector by 1.1%. Over the past four days, Plaza Wires has seen a consecutive drop, accumulating a total decline of 4.86%.

The stock opened lower today, with an initial loss of 2.5%, and touched an intraday low of Rs. 68.24. In terms of moving averages, Plaza Wires is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

Looking at its performance over the past year, Plaza Wires has faced a decline of 31.50%, contrasting sharply with the Sensex, which has gained 6.65% during the same period. This performance highlights the challenges faced by Plaza Wires in the current market 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