Elin Electronics Faces Persistent Challenges Amid Significant Stock Volatility

Feb 24 2025 09:36 AM IST
share
Share Via
Elin Electronics has faced notable volatility, hitting a new 52-week low and continuing a downward trend. The stock has underperformed its sector and is trading below multiple moving averages, reflecting persistent challenges. Over the past year, it has declined significantly compared to the broader market.
Elin Electronics, a microcap player in the electronics components sector, has experienced significant volatility today, reaching a new 52-week low of Rs. 118. This decline marks a continuation of a downward trend, with the stock underperforming its sector by 1.09% and recording a total drop of 6.51% over the past two days.

The stock's intraday performance saw it hit a low of Rs. 118, reflecting a decrease of 3.44% during the trading session. Additionally, Elin Electronics is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish trend.

Over the past year, Elin Electronics has faced challenges, with a performance decline of 25.52%, contrasting sharply with the Sensex, which has gained 2.17% in the same period. These metrics highlight the ongoing struggles of Elin Electronics 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