Galaxy Bearings Hits 52-Week Low Amid Broader Sector Decline and Sustained Downtrend
Galaxy Bearings has reached a new 52-week low, reflecting ongoing challenges in the bearings industry. The stock has underperformed its sector and broader market, with a notable decline over the past two days. Its one-year performance shows a significant loss, contrasting with gains in the Sensex.
Galaxy Bearings has experienced significant activity today, reaching a new 52-week low of Rs. 948.6. This decline marks a notable downturn for the microcap company, which operates within the bearings industry. The stock has underperformed its sector, falling by 3.1% compared to the broader market. Over the past two days, Galaxy Bearings has seen a consecutive decline, with a total drop of 5.93% in returns.Today's trading session saw the stock hit an intraday low of Rs. 948.6, reflecting a decrease of 4.85%. Additionally, Galaxy Bearings is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend.
In the context of the broader bearings sector, which has also faced challenges with a decline of 2.89%, Galaxy Bearings' one-year performance stands at a significant loss of 37.75%. This contrasts sharply with the Sensex, which has gained 7.29% over the same period, highlighting the challenges faced by Galaxy Bearings in the current market environment.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
