SKM Egg Products Hits 52-Week Low Amid Ongoing FMCG Sector Challenges

Feb 27 2025 03:05 PM IST
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SKM Egg Products Export (India) has reached a new 52-week low, reflecting significant challenges in the FMCG sector. The stock has underperformed compared to its sector and has seen a notable decline over the past year, trading below key moving averages, indicating ongoing difficulties in the market.
SKM Egg Products Export (India) has experienced significant activity today, reaching a new 52-week low of Rs. 178.2. This decline marks a notable downturn for the microcap company within the fast-moving consumer goods (FMCG) sector. The stock underperformed its sector by 1.64%, reflecting broader challenges faced by the company.

Intraday trading saw SKM Egg Products touch a low of Rs. 178.2, representing a decrease of 2.6% from the previous close. The stock's performance over the past year has been particularly concerning, with a decline of 33.72%, contrasting sharply with the Sensex, which has gained 2.14% during the same period.

Additionally, SKM Egg Products is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained period of underperformance. These metrics highlight the ongoing challenges the company faces in the competitive FMCG landscape, as it navigates market pressures and seeks to stabilize its position.
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