Markolines Pavement Technologies Shares Tumble: Stock Falls Over 3% in Morning Trade
Markolines Pavement Technologies Ltd (BOM: 543364) experienced a notable decline in its share price during early trading on the Bombay Stock Exchange (BSE) today, April 4th.
As of 10:05 am IST, the stock was trading at 151.10 INR. This represents a significant loss of 4.90 INR, equivalent to a 3.14% decrease for the trading session thus far.
The downward trend was apparent from the market open, with the stock beginning the session at 153.80 INR, already lower than the previous close of 156.00 INR. After reaching a brief day high of 154.00 INR, the price fell steadily, hitting the day’s low of 151.10 INR around the time of reporting.
Compared to its performance over the past year, the current price is significantly below the 52-week high of 277.90 INR. However, it remains above the 52-week low of 107.00 INR.
Key financial data shows a market capitalization of 332.49 Crore INR. The company’s Price-to-Earnings (P/E) ratio is 18.67, and it offers a dividend yield of 0.66%. Market participants are observing the stock’s movement following this early session drop.
Disclaimer: This article is based on publicly available stock market data as of the specified time and date. It is intended for informational purposes only and does not constitute financial advice. Investing in the stock market involves risks, and readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.
