International Conveyors Faces Sustained Decline Amidst Sector Underperformance and Market Challenges

Feb 18 2025 11:52 AM IST
share
Share Via
International Conveyors, a microcap in the engineering sector, has hit a new 52-week low of Rs. 65, reflecting significant volatility and a 12.41% decline over three days. The stock is trading below all key moving averages and has experienced a 29.91% drop over the past year, contrasting with the Sensex's positive performance.
International Conveyors, a microcap player in the engineering sector, has experienced significant volatility today, reaching a new 52-week low of Rs. 65. This decline marks a notable underperformance, as the stock has lagged behind its sector by 4.79%. Over the past three days, International Conveyors has seen a consecutive drop, accumulating a total decline of 12.41%.

The stock's intraday performance also reflected this downward trend, hitting a low of Rs. 65, which represents a decrease of 5.62% for the day. An analysis of moving averages indicates that the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a sustained bearish trend.

In terms of longer-term performance, International Conveyors has faced challenges, with a one-year decline of 29.91%. This contrasts sharply with the Sensex, which has shown a positive performance of 4.64% over the same period. The current market dynamics highlight the ongoing struggles faced by International Conveyors in a competitive landscape.
{{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