RHI Magnesita India Faces Continued Volatility Amid Sector Challenges and 52-Week Low

Jan 27 2025 09:50 AM IST
share
Share Via
RHI Magnesita India, a midcap refractories company, has hit a new 52-week low amid ongoing market challenges, reflecting a cumulative drop of 7.24% over six days. The stock is trading below key moving averages, while the broader refractories sector has also seen a decline.
RHI Magnesita India, a midcap player in the refractories industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 459.7. This decline marks a continued downward trend, with the stock underperforming its sector by 0.79%. Over the past six days, RHI Magnesita has seen a cumulative drop of 7.24%, reflecting ongoing challenges in the market.

The stock's performance today included an intraday low of Rs. 459.7, representing a decrease of 2.65%. Additionally, RHI Magnesita is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its price action.

In the broader context, the refractories sector has also faced headwinds, with an overall decline of 2.49%. Over the past year, RHI Magnesita India has recorded a substantial decrease of 35.96%, contrasting sharply with the Sensex, which has gained 7.32% during the same period. These metrics highlight the challenges faced by RHI Magnesita in a competitive market landscape.
{{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