Adcon Capital Services Hits 52-Week Low, Underperforming Market with 'Strong Sell' Rating

Adcon Capital Services, a microcap finance company, has recently hit a 52-week low on March 13, 2024. The stock has been underperforming in the market, with a 'Strong Sell' call by MarketsMOJO. Today, the stock hit a new low of Rs. 0.81 and has been consistently falling for the past three days, with a decline of -12.9% in returns during this period.

In terms of moving averages, Adcon Capital is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a downward trend in the stock's performance.

In comparison to the overall market performance, Adcon Capital has not fared well in the past year, with a decline of -59.50% while the Sensex has shown a growth of 26.61%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is important for investors to conduct their own research and analysis before making any investment decisions. As always, it is recommended to consult with a financial advisor before making any investment in the stock market.