Ircon International Experiences Notable Adjustment in Its Stock Evaluation Amid Market Challenges

Jan 06 2025 02:30 PM IST
share
Share Via
Ircon International has recently undergone a revision in its score, reflecting the stock's struggles amid a challenging market environment. Following a notable decline, the stock has been added to MarketsMojo's list, drawing attention to its performance metrics as it continues to trade below key moving averages. Stakeholders are closely monitoring these developments.
Ircon International, a midcap player in the engineering sector, has recently experienced a notable adjustment in its evaluation. The stock has faced a challenging period, with a decline of 5.0% recorded on January 6, 2025. This downturn has placed the stock underperforming against its sector, which itself has seen a decrease of 2.52%.

Over the past three days, Ircon International has consistently lost ground, accumulating a total decline of 5.02%. The stock reached an intraday low of Rs 206.5, reflecting a drop of 4.75% during the trading session. Furthermore, it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend.

In light of these developments, Ircon International has been added to MarketsMOJO's list, highlighting the ongoing scrutiny of its performance metrics. As the company navigates these market challenges, stakeholders will be keenly observing any further changes in its stock evaluation.
{{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