Sarthak Metals Faces Turbulent Trading Amid Broader Ferrous Metal Sector Decline

Feb 14 2025 12:05 PM IST
share
Share Via
Sarthak Metals, a microcap in the ferrous metal sector, hit a new 52-week low today after a six-day decline totaling 9.06%. Despite an initial gain, the stock has underperformed the market over the past year, reflecting broader challenges in the ferrous metal industry.
Sarthak Metals, a microcap player in the ferrous metal industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 143. This marks a notable decline, as the stock has been on a downward trend for the past six days, resulting in a cumulative drop of 9.06%. Despite this, Sarthak Metals opened the day with a substantial gain of 19.98%, peaking at an intraday high of Rs. 174.45.

In terms of performance metrics, Sarthak Metals has underperformed the broader market, with a one-year performance decline of 49.55%, contrasting sharply with the Sensex's gain of 5.41%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock has exhibited high volatility today, with an intraday volatility rate of 16.22%.

The ferrous metal sector as a whole has also faced challenges, declining by 2.15%. Overall, Sarthak Metals' recent activity reflects a turbulent period for the company amidst broader market conditions.
{{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
Kanani Industries Ltd is Rated Strong Sell
44 minutes ago
share
Share Via
Shiva Texyarn Ltd is Rated Sell
44 minutes ago
share
Share Via
Riba Textiles Ltd is Rated Sell
44 minutes ago
share
Share Via
Piramal Pharma Ltd is Rated Strong Sell
44 minutes ago
share
Share Via
Infibeam Avenues Ltd is Rated Hold
44 minutes ago
share
Share Via