Max Heights Infrastructure Faces Continued Volatility Amidst Prolonged Stock Decline

Jan 05 2024 03:49 PM IST
share
Share Via
Max Heights Infrastructure, a microcap in construction and real estate, has hit a new 52-week low, continuing a seven-day decline totaling 27.37%. The stock has underperformed its sector and is significantly down over the past year, trading below multiple moving averages, indicating ongoing bearish trends.
Max Heights Infrastructure, a microcap player in the construction and real estate sector, has experienced significant volatility today, reaching a new 52-week low of Rs. 19.61. This decline marks a continued downturn for the stock, which has now fallen for seven consecutive days, resulting in a total drop of 27.37% over this period.

In today's trading, the stock underperformed its sector by 6.65%, with an intraday high of Rs. 21.67, reflecting a modest gain of 4.99% at one point before retreating. The stock's performance over the past year has been notably poor, with a decline of 68.81%, contrasting sharply with the Sensex, which has gained 7.93% during the same timeframe.

Additionally, Max Heights Infrastructure is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish trend. Investors and market watchers will be keen to observe how the company navigates these challenging conditions in the coming days.
{{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