Artemis Electricals Hits 52-Week Low Amidst Broader Sector Underperformance

Jan 14 2025 02:35 PM IST
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Artemis Electricals & Projects has faced notable volatility, hitting a new 52-week low at Rs. 24.13. The company has underperformed its sector and is trading below all key moving averages. Over the past year, it has seen a significant decline in performance compared to the Sensex.
Artemis Electricals & Projects has experienced significant volatility today, reaching a new 52-week low with its stock price at Rs. 24.13. This decline is part of a broader trend, as the company has underperformed its sector by 1.43% today and has seen a total drop of 9.33% over the past three days.

Currently, the stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past year, Artemis Electricals has faced a substantial performance decline of 45.31%, in stark contrast to the Sensex, which has risen by 5.51% during the same period. The company's current challenges highlight the competitive pressures within the electric equipment industry.
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