Artemis Electricals Hits 52-Week Low Amid Ongoing Market Challenges
Artemis Electricals & Projects has hit a new 52-week low, reflecting a significant decline in its stock performance. Over the past year, the company has seen a substantial decrease, contrasting sharply with the overall market trend. The stock is trading below multiple moving averages, indicating ongoing challenges.
Artemis Electricals & Projects has reached a new 52-week low of Rs. 25.5, marking a significant downturn for the microcap company in the electric equipment industry. The stock has underperformed its sector by 1.92% today and has seen a consecutive decline over the past two days, totaling 4.81%. Over the past year, Artemis Electricals & Projects has experienced a substantial decrease of 43.04%, in stark contrast to the Sensex, which has gained 5.86% during the same timeframe. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend in its price. These performance indicators highlight the challenges the company is facing in the market.
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