Carborundum Universal Hits 52-Week Low Amid Sustained Underperformance in Abrasives Sector

Feb 18 2025 11:54 AM IST
share
Share Via
Carborundum Universal, a midcap player in the abrasives industry, reached a new 52-week low today, continuing a downward trend with a cumulative loss of over 10% in three days. The stock has underperformed compared to the Sensex and the broader abrasives sector over the past year.
Carborundum Universal, a midcap player in the abrasives industry, has experienced significant activity today, reaching a new 52-week low of Rs. 912.9. This decline marks a notable moment for the stock, which has been on a downward trajectory for the past three days, resulting in a cumulative loss of 10.02%.

Today's trading saw the stock hit an intraday low of Rs. 912.9, reflecting a decrease of 5.89% during the session. In terms of moving averages, Carborundum Universal is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained period of underperformance.

Over the past year, the stock has declined by 15.60%, contrasting sharply with the Sensex, which has gained 4.56% in the same timeframe. The broader abrasives sector has also faced challenges, with a decline of 3.38%. These metrics highlight the current struggles of Carborundum Universal within a competitive market landscape.
{{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