Ankit Metal & Power Stock Plummets to New 52-Week Low at Rs. 1.65

Ankit Metal & Power has reached a new 52-week low, hitting Rs. 1.65 today, November 10, 2025. This marks a significant decline for the microcap company in the ferrous metals industry, reflecting a challenging year with a staggering 54.31% drop in stock value over the past year.
Despite today's performance, where the stock outperformed its sector by 2.6%, it continues to trade below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The company's financial health has raised concerns, as it has not reported results in the last six months and has shown negative net profit growth of 231.8% over the past nine months.

Additionally, Ankit Metal & Power has faced a significant increase in raw material costs, which have surged by 152.94% year-over-year. The stock's performance has consistently lagged behind the benchmark indices, including the BSE500, over the last three years, indicating ongoing challenges in its market position.