Meghmani Organics Hits 52-Week Low Amid High Volatility and Sector Challenges

Feb 17 2025 09:41 AM IST
share
Share Via
Meghmani Organics, a small-cap company in the Dyes & Pigments sector, reached a new 52-week low today while showing some resilience by outperforming its sector. The stock has experienced high volatility and is currently trading below all major moving averages, reflecting a bearish trend over the past year.
Meghmani Organics, a small-cap player in the Dyes & Pigments industry, has experienced significant activity today, reaching a new 52-week low of Rs. 70.75. This decline marks a notable moment for the stock, which has been part of the Hidden Turnaround category on MarketsMOJO since late October 2024.

Despite the downturn, Meghmani Organics outperformed its sector by 7.78%, indicating some resilience amid broader market challenges. The stock reached an intraday high of Rs. 78.29, reflecting a 9.16% increase at one point during the trading session. However, the stock has exhibited high volatility, with an intraday fluctuation of 7.94%.

In terms of moving averages, Meghmani Organics is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a bearish trend. Over the past year, the stock has declined by 7.42%, contrasting sharply with the Sensex, which has gained 4.24%. The Dyes & Pigments sector overall has also faced challenges, with a decline of 2.46%.
{{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
Most Read
Kanani Industries Ltd is Rated Strong Sell
44 minutes ago
share
Share Via
Shiva Texyarn Ltd is Rated Sell
44 minutes ago
share
Share Via
Riba Textiles Ltd is Rated Sell
44 minutes ago
share
Share Via
Piramal Pharma Ltd is Rated Strong Sell
44 minutes ago
share
Share Via
Infibeam Avenues Ltd is Rated Hold
44 minutes ago
share
Share Via