Arman Financial Services Hits 52-Week Low Amidst Volatile Market Conditions

Arman Financial Services, a smallcap finance company, has hit a 52-week low on November 13, 2024. The stock has been on a downward trend for the past three days, with a consecutive fall of -5.79% during this period. Today, the stock opened with a gain of 2.72% but touched an intraday high of Rs 1400 before closing at Rs 1350, its new 52-week low.

The stock's performance today was in line with the sector, but it has been highly volatile with an intraday volatility of 93.98%. This is calculated from the weighted average price. Arman Financial is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Arman Financial Services has seen a negative return of -38.35%, while the Sensex has performed positively with a return of 21.03%. This smallcap finance company has been given a 'Sell' call by MarketsMOJO.

Arman Financial Services is a non-banking finance company (NBFC) in the finance industry. Despite its smallcap size, the company has been facing a downward trend in its stock price. Investors should keep an eye on the company's performance and future developments before making any investment decisions.