IFGL Refractories Hits 52-Week Low Amid Ongoing Industry Challenges

Feb 12 2025 10:07 AM IST
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IFGL Refractories has faced notable volatility, hitting a new 52-week low after an initial gain. The stock has declined consecutively over three days, underperforming its sector. Over the past year, it has experienced a significant drop, contrasting with the overall market's positive performance.
IFGL Refractories has experienced significant volatility today, reaching a new 52-week low of Rs. 340. The stock opened with an 8.57% gain, peaking at an intraday high of Rs. 380 before declining to its low of Rs. 340, reflecting a drop of 2.86% during the trading session. Over the past three days, IFGL Refractories has faced a consecutive decline, with a total loss of 15.12%.

In terms of market performance, the stock has underperformed its sector, which has seen a decline of 2.22%. Additionally, IFGL Refractories is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging trend in its price performance.

Over the past year, IFGL Refractories has recorded a substantial decline of 40.45%, contrasting sharply with the Sensex, which has gained 6.17% during the same period. This performance highlights the ongoing challenges faced by the company within the refractories industry.
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