Maan Aluminium Faces Persistent Bearish Trend Amid Significant Market Volatility

Maan Aluminium, a microcap player in the Aluminium & Aluminium Products industry, has experienced significant volatility, recently touching a 52-week low. As of February 14, 2025, the stock is just 1% away from this low point of Rs 98.55. Today, Maan Aluminium underperformed its sector by 1.85%, continuing a downward trend that has seen the stock decline for six consecutive days, resulting in a total drop of 11.59% over this period.
The stock has been trading within a narrow range of just Rs 0.1, indicating limited price movement. Furthermore, Maan Aluminium is currently positioned below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a persistent bearish trend. Over the past year, Maan Aluminium has recorded a substantial decline of 43.83%, contrasting sharply with the Sensex, which has gained 6.26% during the same timeframe. These performance indicators highlight the challenges faced by Maan Aluminium in the current market landscape.