Praj Industries Faces Extended Decline Amid Broader Sector Challenges

Jan 27 2025 10:45 AM IST
share
Share Via
Praj Industries has faced a significant decline in its stock price, marking six consecutive days of losses and a total drop of 13.54%. The company is trading below all key moving averages, reflecting a sustained downward trend, while the broader engineering sector has also experienced challenges.
Praj Industries, a midcap player in the engineering and industrial equipment sector, has experienced a notable decline today, with shares dropping by 5.74% on January 27, 2025. This downturn marks the sixth consecutive day of losses for the company, contributing to a total decline of 13.54% over this period.

The stock reached an intraday low of Rs 683.3, reflecting a 5% decrease at its lowest point. In terms of moving averages, Praj Industries is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained downward trend.

Comparatively, the engineering and industrial equipment sector has also faced challenges, with an overall decline of 4.84%. Over the past month, Praj Industries has seen a significant drop of 16.29%, contrasting sharply with the Sensex, which has only decreased by 4.10%. This performance highlights the stock's struggles relative to broader market trends.
{{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