Mohite Industries Faces Significant Volatility Amid Broader Market Challenges

Jun 02 2025 10:04 AM IST
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Mohite Industries, a microcap in the Garments & Apparels sector, has hit a new 52-week low, reflecting a 35.17% decline over the past 12 days. The stock is trading below all major moving averages and has decreased by 30.44% over the past year, contrasting with the Sensex's gains.
Mohite Industries, a microcap player in the Garments & Apparels sector, has experienced significant volatility, hitting a new 52-week low of Rs. 3.06 today. This marks a notable decline as the stock has been on a downward trajectory for the past 12 days, resulting in a substantial loss of 35.17% during this period. In today’s trading session, Mohite Industries underperformed its sector by 1.24%, reflecting broader market trends.

The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish trend. Over the past year, Mohite Industries has seen a decline of 30.44%, contrasting sharply with the Sensex, which has gained 9.35% in the same timeframe.

In the broader market context, the Sensex has also faced challenges, opening lower and continuing to decline, now sitting at 80,879.24, down 335.18 points. Despite the overall market struggles, small-cap stocks are showing some resilience, with the BSE Small Cap index gaining 0.34% today.
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