Shivalik Bimetal Hits Day Low at Rs 504.2 Amid Price Pressure

Sep 29 2025 02:45 PM IST
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Shivalik Bimetal Controls has faced significant losses, declining for three consecutive days and underperforming compared to its sector. The stock has dropped 10.30% over the past week and is trading below multiple moving averages, indicating ongoing challenges despite a positive market opening for the Sensex.
Shivalik Bimetal Controls has experienced a notable decline today, with the stock falling by 7.73% as of September 29, 2025. The stock reached an intraday low of Rs 504.2, reflecting a decrease of 6.15%. This marks the third consecutive day of losses for the small-cap company, which has seen a total decline of 10.81% over this period.

In comparison to the broader market, Shivalik Bimetal has underperformed, lagging behind its sector by 6.63%. Over the past week, the stock has dropped 10.30%, while the Sensex has only decreased by 2.00%. Year-to-date, Shivalik Bimetal's performance stands at a decline of 13.70%, contrasting with the Sensex's gain of 3.04%.

Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. Despite a positive opening for the Sensex today, Shivalik Bimetal Controls continues to face challenges in the market.
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