Shivalik Bimetal Hits Day Low at Rs 504.2 Amid Price Pressure
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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