Mishka Exim Ltd Faces Intense Selling Pressure Amid Significant Price Declines

Aug 01 2025 09:40 AM IST
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Mishka Exim Ltd is experiencing intense selling pressure, with its stock declining for eight consecutive days, resulting in a significant year-to-date drop. The company's performance has notably lagged behind the broader market, reflecting a challenging environment in the gems, jewellery, and watches industry.
Mishka Exim Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company, operating in the gems, jewellery, and watches industry, has experienced a notable decline, with its stock price down by 4.98% in just one day. This marks the eighth consecutive day of losses, during which the stock has plummeted by 33.02%.

In comparison to the broader market, Mishka Exim's performance has been starkly negative. Over the past week, the stock has dropped 22.58%, while the Sensex has only decreased by 0.58%. Year-to-date, Mishka Exim has underperformed significantly, with a decline of 34.66% compared to the Sensex's gain of 3.65%.

The stock opened today at Rs 34.5, hitting an intraday low of the same price, and has shown no range in trading. While it remains above its 50-day and 100-day moving averages, it is below the 5-day, 20-day, and 200-day moving averages. These trends suggest a challenging environment for Mishka Exim, contributing to the ongoing selling pressure.
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