MIRC Electronics Faces Intense Selling Pressure Amid Significant Price Declines

May 07 2025 12:45 PM IST
share
Share Via
MIRC Electronics Ltd is experiencing notable selling pressure, with a 10-day decline resulting in an 18.06% loss. The stock has underperformed significantly against the Sensex, showing a year-to-date drop of 44.79%. It is trading below key moving averages, reflecting a bearish trend amid broader market challenges.
MIRC Electronics Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past 10 days, resulting in a total loss of 18.06%. Today, MIRC Electronics reported a performance drop of 2.00%, significantly underperforming the Sensex, which fell just 0.02%.

Over the past week, MIRC Electronics has seen a decline of 7.67%, while the Sensex gained 0.48%. The stock's performance has been particularly poor over the last three months, with a staggering loss of 36.81%, compared to the Sensex's modest gain of 3.56%. Year-to-date, MIRC Electronics has dropped 44.79%, contrasting sharply with the Sensex's increase of 3.19%.

The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Contributing factors to this selling pressure may include broader market conditions and sector-specific challenges within the consumer durables industry.
{{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