Hardwyn India Hits New 52-Week Low Amid Sustained Decline in Stock Performance

Dec 30 2024 09:35 AM IST
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Hardwyn India has recently undergone a revision in its score, reflecting ongoing challenges in the market. The stock has reached a new 52-week low and has significantly underperformed its sector. Additionally, it has been added to MarketsMojo's list, indicating a need for closer evaluation amid its declining performance metrics.
Hardwyn India, a microcap player in the Aluminium and Aluminium Products industry, has recently reached a new 52-week low, with shares trading at Rs. 18.3 as of December 30, 2024. This decline marks a significant downturn, as the stock has underperformed its sector by 5.37% today alone. Over the past two days, Hardwyn India has experienced a consecutive fall, resulting in a total decline of 12.71%.

The stock's performance over the past year has been notably challenging, with a decrease of 36.69%, contrasting sharply with the Sensex, which has seen an increase of 8.73% during the same period. Additionally, Hardwyn India is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend in its market position. The intraday low of Rs. 18.3 reflects ongoing volatility and challenges faced by the company in the current market landscape.
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