Ashapura Minechem Hits Day Low of Rs 610.6 Amid Price Pressure

Ashapura Minechem, a small-cap player in the minerals and mining sector, experienced significant volatility on October 23, 2025, with its stock price declining by 7.54%. The stock reached an intraday high of Rs 692, reflecting a 4% increase at one point, but ultimately fell to a day's low of Rs 610.6, marking an 8.24% decrease from the previous close.
In terms of performance metrics, Ashapura Minechem underperformed compared to the broader market, with a daily performance of -7.55% against the Sensex's gain of 0.80%. Over the past week, the stock has seen a decline of 8.20%, while the Sensex has risen by 1.96%. Despite this recent downturn, Ashapura Minechem has shown strong long-term performance, with a remarkable 105.36% increase over the past year and an impressive 575.99% rise over the last three years.

The stock's moving averages indicate a mixed trend, being higher than the 50, 100, and 200-day moving averages but lower than the 5 and 20-day averages. This suggests a complex market position as Ashapura Minechem navigates current market conditions.