Lesha Industries Faces Significant Challenges Amidst Steel Industry Volatility

Mar 03 2025 02:20 PM IST
share
Share Via
Lesha Industries, a microcap in the steel sector, has hit a new 52-week low, underperforming its industry significantly. The stock has seen consecutive losses over three days and a substantial decline over the past year, highlighting ongoing challenges in the market environment for the company.
Lesha Industries, a microcap player in the steel, sponge iron, and pig iron industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 1.08. This decline marks a notable underperformance, with the stock trailing its sector by 8.22%. Over the past three days, Lesha Industries has faced consecutive losses, accumulating a total decline of 11.9%.

In terms of moving averages, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained downward trend. Over the past year, Lesha Industries has seen a staggering decline of 66.48%, contrasting sharply with the Sensex, which has only dipped by 1.04% during the same period.

These performance indicators highlight the challenges faced by Lesha Industries in the current market environment, reflecting broader trends within the steel industry. Investors and market watchers will be keen to observe how the company navigates these difficulties moving forward.
{{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