IFGL Refractories Hits 52-Week Low Amid Broader Sector Challenges
IFGL Refractories has hit a new 52-week low, trading at Rs. 394.95 on January 22, 2025. The small-cap company has significantly underperformed its sector, with a notable decline over the past year, reflecting broader challenges within the refractories industry and a consistent downward trend in stock performance.
IFGL Refractories has reached a new 52-week low, with its stock price hitting Rs. 394.95 on January 22, 2025. This marks a significant downturn for the small-cap company in the refractories industry, as it has underperformed its sector with a decrease of 3.52% today and an intraday low reflecting a drop of 7.72%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a consistent downward trend. Over the past year, IFGL Refractories has seen a decline of 46.23%, contrasting sharply with the Sensex's increase of 6.38%. Additionally, the overall refractories sector has faced challenges, falling by 2.33%. This performance underscores the difficulties IFGL Refractories is encountering in the current market landscape.
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