IEC Education Stock Plummets Nearly 5% in Morning Session on April 4
Mumbai: Shares of IEC Education Ltd (BOM: 531840) witnessed a sharp decline during the morning trading hours on Thursday, April 4th. According to stock market data observed around 10:34 AM IST, the IEC Education share price had fallen to 17.69 INR.
This represents a significant drop of 0.93 points, translating to a substantial loss of 4.99% for the day. The stock opened the session considerably higher at 19.55 INR, well above its previous closing price of 18.62 INR.
However, the initial gains were short-lived. The intraday chart for IEC Education showed the stock hitting a high of 19.55 INR (matching the open) before experiencing a steep fall to a low of 17.69 INR, where it was currently trading.
Key financial metrics displayed alongside the sharp price movement include a Market Cap of 26.99 Crore INR. Data for the P/E ratio and Dividend Yield were not available at the time captured.
The current trading level places IEC Education stock significantly off its recent highs but well above its yearly low. Over the past year, the shares have reached a 52-week high of 39.46 INR and recorded a 52-week low of 1.69 INR, providing context for the day’s significant downturn. Market participants are observing the stock following this sharp correction.
