Coastal Corporation Faces Significant Volatility Amidst Sustained Downward Trend

Feb 28 2025 09:38 AM IST
share
Share Via
Coastal Corporation, a microcap in the aquaculture sector, has faced notable volatility, hitting a new 52-week low. The stock has declined significantly over the past two days and is trading below key moving averages, reflecting ongoing challenges in its performance compared to the broader market.
Coastal Corporation, a microcap player in the aquaculture industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 203.15. This decline marks a notable underperformance, with the stock trailing its sector by 4.38%. Over the past two days, Coastal Corporation has seen a consecutive fall, accumulating a total decline of 8.74%.

Despite opening the day with a gain of 2.42%, the stock quickly reversed course, hitting an intraday high of Rs. 224.65 before dropping to its low of Rs. 203.15. The stock's performance over the past year has been challenging, with a decrease of 27.21%, contrasting sharply with the Sensex's modest gain of 1.98%.

Additionally, Coastal Corporation is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. Investors and market watchers will be keen to monitor how these developments impact the company's future performance and market positioning.
{{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