AMIC Forging Shares Dip Over 1.5% in Early Tuesday Trade
AMIC Forging Ltd (BOM: 544037) saw its share price decline during the early trading session on Tuesday, April 4th. As of 9:35 am IST, the stock was trading at 1,307.15 INR.
This figure represents a decrease of -20.85 INR, equating to a 1.57% loss for the day. The downward red arrow highlights this negative movement from the previous session’s close.
The stock opened the day at 1,314.00 INR, which also marked its high point in the initial trading period. This opening was significantly below the previous close of 1,328.00 INR. Selling pressure pushed the shares down to a low of 1,305.00 INR shortly after the market opened. The 1-day chart clearly shows a sharp downward trajectory from the previous close.
AMIC Forging currently has a market capitalization of 1.37 KCr. The company’s Price-to-Earnings (P/E) ratio stands at 33.79. Information regarding the dividend yield was not available at the time of reporting.
Regarding its yearly performance range, the stock’s 52-week high is 1,809.45 INR, and its 52-week low is 640.00 INR. Today’s trading price places the stock well off its annual peak but substantially above its low point over the past year.
