Menon Bearings Hits New Low Amid Ongoing Challenges in Auto Ancillary Sector

Jan 27 2025 12:35 PM IST
share
Share Via
Menon Bearings, a microcap in the auto ancillary sector, has reached a new 52-week low, continuing a downward trend with a 9.11% decline over three days. The stock is trading below all major moving averages and has dropped 24.37% over the past year, contrasting with broader market gains.
Menon Bearings, a microcap player in the auto ancillary sector, has experienced significant activity today, reaching a new 52-week low of Rs. 107.85. This decline marks a continuation of a downward trend, with the stock losing ground for three consecutive days, resulting in a total drop of 9.11% during this period.

Today's trading saw the stock hit an intraday low of Rs. 107.85, reflecting a decrease of 4.26%. In terms of moving averages, Menon Bearings is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a persistent bearish trend.

Over the past year, Menon Bearings has faced a challenging performance, with a decline of 24.37%, contrasting sharply with the Sensex, which has gained 6.97% in the same timeframe. The broader auto ancillary sector has also seen a downturn, with a decrease of 3.19%. These metrics highlight the ongoing challenges faced by Menon Bearings in a competitive market environment.
{{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
Why is Odigma Consultan falling/rising?
4 hours ago
share
Share Via
Why is Premium Plast falling/rising?
4 hours ago
share
Share Via
Why is Afcons Infrastr. falling/rising?
4 hours ago
share
Share Via
Why is Bikewo Green falling/rising?
4 hours ago
share
Share Via
Why is Quest Laborato. falling/rising?
4 hours ago
share
Share Via
Why is Kataria Indust. falling/rising?
4 hours ago
share
Share Via
Why is Vishwas Agri falling/rising?
4 hours ago
share
Share Via