MIRC Electronics Faces Significant Selling Pressure with 4.99% Decline Amidst Ongoing Losses

Sep 26 2025 02:00 PM IST
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MIRC Electronics Ltd is experiencing notable selling pressure, with a four-day decline resulting in a significant loss. The stock underperformed against the Sensex today and has seen substantial losses over the past week and month. Despite previous strong performance, recent trends suggest a shift in market sentiment.
MIRC Electronics Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced a consecutive decline over the past four days, resulting in a total loss of 15.93%. Today, MIRC Electronics saw a drop of 4.99%, significantly underperforming the Sensex, which fell by only 0.88%.

In the past week, MIRC Electronics has lost 14.31%, while the Sensex declined by 2.64%. Over the past month, the stock has decreased by 5.43%, compared to a minor 0.42% drop in the Sensex. Despite a strong performance over the last three months, where MIRC Electronics gained 41.91%, its recent trend indicates a shift in market sentiment.

The stock's price summary reveals that it touched an intraday low of Rs 24.38 today. While it remains above its 50-day, 100-day, and 200-day moving averages, it is currently below its 5-day and 20-day moving averages. The broader consumer durables sector has also faced challenges, declining by 2.14%, which may contribute to the selling pressure on MIRC Electronics.
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