MIRC Electronics Hits 52-Week Low Amid Declining Investor Participation and Market Sentiment

Mar 28 2025 10:00 AM IST
share
Share Via
MIRC Electronics Ltd faced notable trading activity as its stock reached a new 52-week low, closing at Rs. 11.67. The company underperformed its sector, with a significant drop in investor participation and delivery volume. Overall market sentiment remains subdued, reflecting ongoing challenges in the consumer durables industry.
MIRC Electronics Ltd, a microcap player in the consumer durables industry, experienced significant trading activity today as its stock hit the lower circuit limit, closing at Rs. 11.67. This marks a new 52-week low for the company, reflecting a decline of Rs. 0.62 or 5.04% from the previous trading session. The stock's performance today underperformed its sector by 0.96%, indicating a challenging market environment.

Throughout the trading day, MIRC Electronics reached a high of Rs. 12.3 and a low of Rs. 11.67, with a total traded volume of approximately 11.92 lakh shares, resulting in a turnover of Rs. 1.41 crore. The stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a persistent downward trend.

Investor participation appears to be waning, with delivery volume dropping by 63.82% compared to the 5-day average. Despite the liquidity being adequate for trades of Rs. 0.03 crore, the overall market sentiment surrounding MIRC Electronics remains subdued. As the stock continues to navigate these challenges, its performance reflects broader trends within the consumer durables sector.
{{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