Praj Industries Faces Continued Decline Amid Broader Market Stability and Sector Weakness

Mar 03 2025 11:50 AM IST
share
Share Via
Praj Industries has faced a significant decline in its stock price, marking four consecutive days of losses and a cumulative drop of 14.5%. The stock is trading near its 52-week low and has underperformed both its sector and the broader market, reflecting a bearish trend over the past month.
Praj Industries, a midcap player in the engineering and industrial equipment sector, has experienced a notable decline today, with shares dropping by 5.02%. This downturn marks the fourth consecutive day of losses for the company, resulting in a cumulative decline of 14.5% over this period. Currently, the stock is trading close to its 52-week low, just 3.84% above the low of Rs 448.

In today's trading session, Praj Industries underperformed its sector, which itself has seen a decrease of 3.26%. The stock's performance today was also significantly lower than the broader market, with the Sensex only declining by 0.47%. Intraday, Praj Industries reached a low of Rs 463.3, reflecting a drop of 5.28%.

Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past month, Praj Industries has faced a substantial decline of 20.88%, contrasting sharply with the Sensex's decrease of 5.62%.
{{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