IRM Energy Hits New 52-Week Low Amid Ongoing Decline in Stock Performance

Dec 24 2024 12:05 PM IST
share
Share Via
IRM Energy has recently undergone a revision in its score, reflecting ongoing challenges in the gas transmission and marketing sector. The stock has been added to MarketsMojo's list, highlighting concerns over its significant decline and underperformance compared to its sector. The bearish trend is evident as the stock trades below key moving averages.
IRM Energy, a small-cap player in the gas transmission and marketing sector, has recently faced significant challenges in the market. As of December 24, 2024, the company's stock price reached a new 52-week low of Rs. 351, marking a notable decline in its market performance. Over the past year, IRM Energy has experienced a substantial drop of 32.66%, contrasting sharply with the Sensex, which has seen a positive return of 10.67% during the same period.

The stock has underperformed its sector, which has recorded a gain of 2.24%. In the last three days, IRM Energy's shares have continued to decline, with a total drop of 4.96%. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. These performance indicators highlight the ongoing difficulties faced by IRM Energy in a competitive market 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
Why is IRM Energy falling/rising?
Dec 19 2025 02:08 AM IST
share
Share Via
IRM Energy Technical Momentum Shifts Amid Bearish Signals
Dec 17 2025 08:16 AM IST
share
Share Via
IRM Energy Technical Momentum Shifts Amid Bearish Signals
Dec 08 2025 08:07 AM IST
share
Share Via
Is IRM Energy technically bullish or bearish?
Dec 04 2025 08:53 AM IST
share
Share Via
Most Read
Why is Vishal Mega Mart falling/rising?
3 hours ago
share
Share Via
Why is Purple United falling/rising?
3 hours ago
share
Share Via
Why is Waaree Energies falling/rising?
3 hours ago
share
Share Via
Why is Gala Precis. Eng falling/rising?
3 hours ago
share
Share Via
Why is Motherson Wiring falling/rising?
3 hours ago
share
Share Via
Why is DCX Systems falling/rising?
3 hours ago
share
Share Via
Why is Jana Small Finan falling/rising?
3 hours ago
share
Share Via