Galaxy Bearings Faces Significant Market Challenges Amidst Ongoing Volatility

Feb 11 2025 09:36 AM IST
share
Share Via
Galaxy Bearings, a microcap in the bearings sector, has hit a new 52-week low amid significant volatility, reflecting a 49.01% decline over the past year. The stock has underperformed its sector and is currently trading below multiple moving averages, indicating ongoing market challenges.
Galaxy Bearings, a microcap company in the bearings industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 805.1. This decline marks a notable performance dip, as the stock has underperformed its sector by 1.84%. Over the past four days, Galaxy Bearings has seen a consecutive fall, accumulating a total decline of 5.97%.

Today's trading session opened with a gap down, reflecting a loss of 2.41%. The stock's intraday low of Rs. 805.1 highlights the ongoing challenges it faces in the market. Additionally, Galaxy Bearings is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its price action.

Over the past year, Galaxy Bearings has faced a substantial decline of 49.01%, contrasting sharply with the Sensex, which has gained 7.67% during the same period. This stark difference underscores the challenges the company is navigating within the broader 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