Orient Ceratech Faces Persistent Challenges Amid Abrasives Sector Downturn

Feb 27 2025 01:45 PM IST
share
Share Via
Orient Ceratech, a microcap in the abrasives industry, is facing significant market challenges, trading near its 52-week low. The stock has underperformed its sector, experiencing consecutive losses and a notable decline over the past year, contrasting sharply with broader market trends.
Orient Ceratech, a microcap player in the abrasives industry, has experienced significant activity today, reflecting ongoing challenges in its market position. The stock is currently trading close to its 52-week low, just 2.75% above the low of Rs 35.05 reached on February 27, 2025.

Today, Orient Ceratech underperformed its sector, showing a decline of 1.29%, and has faced consecutive losses over the past two days, with a total drop of 5.9% during this period. The stock hit an intraday low of Rs 35.97, marking a decrease of 4.34% at one point.

In terms of moving averages, Orient Ceratech is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a persistent downward trend. Over the past year, the company's performance has been notably poor, with a decline of 48.78%, contrasting sharply with the Sensex, which has gained 2.08%. The abrasives sector as a whole has also seen a downturn, falling by 2.85%.
{{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
Most Read