Loyal Textile Mills Faces Significant Decline Amidst Broader Market Gains in October 2023

Feb 14 2025 09:35 AM IST
share
Share Via
Loyal Textile Mills has faced significant volatility, hitting a new 52-week low of Rs. 248.2 and trailing its sector by 5.34%. The stock has declined 12.91% over three days and has consistently underperformed against key moving averages, reflecting ongoing challenges compared to the broader market.
Loyal Textile Mills, a microcap player in the textile industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 248.2. This decline marks a notable underperformance, with the stock trailing its sector by 5.34%. Over the past three days, Loyal Textile Mills has seen a consecutive fall, accumulating a total decline of 12.91%.

Today's trading session began with a gap down, as the stock opened at Rs. 248.2, reflecting a 5% loss. Throughout the day, it maintained this price point, hitting an intraday low of Rs. 248.2. The stock's performance has been consistently below key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained downward trend.

In terms of longer-term performance, Loyal Textile Mills has faced challenges, with a staggering 60.32% decline over the past year, contrasting sharply with the Sensex, which has gained 6.07% during the same period. This stark difference highlights the ongoing struggles of the company within the broader market context.
{{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