Inani Marbles Faces Persistent Decline Amid Market Challenges and Volatility

Feb 17 2025 09:40 AM IST
share
Share Via
Inani Marbles & Industries has faced significant volatility, hitting a new 52-week low of Rs. 16 and experiencing a 35% decline over the past week. The stock is trading below all major moving averages, reflecting ongoing challenges and underperformance compared to the broader market.
Inani Marbles & Industries, a microcap player in the Mining & Minerals sector, has experienced significant volatility today, reaching a new 52-week low of Rs. 16. This decline marks a notable underperformance, with the stock down 13.35% compared to its sector peers. Over the past week, Inani Marbles has faced a consecutive decline, losing 35% in returns, reflecting ongoing challenges for the company.

The stock opened with a gap down of 13.37%, indicating a bearish sentiment among traders. Throughout the trading session, it touched an intraday low of Rs. 16, with a narrow trading range of just Rs. 0.12. Additionally, Inani Marbles is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a persistent downward trend.

In the past year, Inani Marbles & Industries has seen a decline of 25.33%, contrasting sharply with the Sensex, which has gained 4.25% during the same period. These performance metrics highlight the ongoing difficulties faced by the company in a challenging market environment.
{{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