Shivalik Bimetal Faces Significant Volatility Amid Broader Sector Gains in February 2025

Shivalik Bimetal Controls, a small-cap player in the Steel/Sponge Iron/Pig Iron industry, has experienced significant volatility today, nearing its 52-week low. The stock is currently just 0.43% away from this low of Rs 460.9, which it reached on February 13, 2025. Today, Shivalik Bimetal has underperformed its sector, showing a decline of 6.73%. This marks the third consecutive day of losses, with the stock down 11.21% over this period. Intraday trading saw the stock hit a low of Rs 461, reflecting a drop of 4.76%. In terms of technical indicators, Shivalik Bimetal is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Over the past year, the stock has declined by 16.83%, contrasting sharply with the Sensex, which has gained 7.12%. Meanwhile, the broader Steel/Sponge Iron/Pig Iron sector has seen a modest increase of 2.33%, highlighting the challenges faced by Shivalik Bimetal in the current market environment.