Ion Exchange (India) Faces Ongoing Stock Decline Amid Broader Market Stability

Jan 24 2025 11:15 AM IST
share
Share Via
Ion Exchange (India) has faced notable stock declines, losing 5.1% on January 24, 2025, and accumulating an 8.91% drop over five days. The stock is trading below its moving averages and has underperformed compared to the Sensex, which has shown modest gains during the same period.
Ion Exchange (India) has experienced a significant decline in its stock performance, losing 5.1% on January 24, 2025. This midcap company, operating in the engineering and industrial equipment sector, has underperformed compared to its sector, trailing by 3.21%. Over the past five days, the stock has consistently fallen, accumulating a total decline of 8.91%.

On this particular trading day, Ion Exchange reached an intraday low of Rs 592.4, reflecting a 5% drop. The stock is currently trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages.

In terms of broader market performance, Ion Exchange's one-day performance of -4.88% contrasts sharply with the Sensex, which saw a modest increase of 0.33%. Over the past month, the stock has declined by 10.50%, while the Sensex has only dipped by 2.17%. These metrics highlight the challenges faced by Ion Exchange (India) in the current 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