Ankit Metal & Power Faces Sustained Decline Amid Industry Challenges and Market Volatility

Feb 07 2025 09:35 AM IST
share
Share Via
Ankit Metal & Power, a microcap in the Steel/Sponge Iron/Pig Iron sector, has hit a new 52-week low, underperforming its industry. The stock has seen a 25.97% decline over the past six days and is trading below key moving averages, reflecting ongoing challenges in the market.
Ankit Metal & Power, a microcap player in the Steel/Sponge Iron/Pig Iron industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 2.85. This decline marks a notable underperformance, with the stock trailing its sector by 5.08%. Over the past six days, Ankit Metal & Power has faced consecutive losses, accumulating a steep decline of 25.97% during this period.

In terms of moving averages, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained downward trend. Over the past year, Ankit Metal & Power has seen a decline of 36.67%, contrasting sharply with the Sensex, which has gained 8.15% in the same timeframe. These performance indicators highlight the challenges faced by Ankit Metal & Power in the current market environment, reflecting broader trends within the industry.
{{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
Kanani Industries Ltd is Rated Strong Sell
39 minutes ago
share
Share Via
Shiva Texyarn Ltd is Rated Sell
39 minutes ago
share
Share Via
Riba Textiles Ltd is Rated Sell
39 minutes ago
share
Share Via
Piramal Pharma Ltd is Rated Strong Sell
39 minutes ago
share
Share Via
Infibeam Avenues Ltd is Rated Hold
39 minutes ago
share
Share Via