Mafatlal Industries Faces Continued Stock Decline Amid Broader Textile Sector Challenges
Mafatlal Industries, a small-cap textile company, is experiencing significant challenges, with its stock price declining notably. The stock has underperformed its sector and broader market indices over recent days, reflecting a bearish trend as it trades below multiple moving averages amid a generally difficult environment for the textile sector.
Mafatlal Industries, a small-cap player in the textile sector, has faced notable challenges today, with its stock price declining by 7.37%. This marks a continuation of a downward trend, as the stock has underperformed its sector by 5.93% and has seen a total decline of 13.83% over the past four days. On January 13, 2025, Mafatlal Industries reached an intraday low of Rs 157, reflecting an 8.56% drop. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signaling a bearish trend.
In the context of broader market performance, Mafatlal Industries' one-day decline of 7.43% stands in stark contrast to the Sensex, which experienced a modest decrease of 0.81%. Over the past month, the company's stock has decreased by 8.60%, while the Sensex has fallen by 6.55%. The textile sector as a whole has also encountered difficulties, with a decline of 2.64%.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
