Automotive Axles Stock Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO

Feb 12 2024 10:35 AM IST
share
Share Via
Automotive Axles, a smallcap company in the auto ancillary industry, has recently experienced a dip in its stock price, reaching a 52-week low of Rs 1931.8 on February 12, 2024. This has resulted in a 'Strong Sell' call by MarketsMojo. The stock has been underperforming the sector and is currently trading below its moving averages, indicating a downward trend. In the past year, the stock has shown a negative return, highlighting its underperformance compared to the Sensex. Investors should carefully consider their options before making any decisions regarding this stock.

Automotive Axles, a smallcap company in the auto ancillary industry, has recently seen a dip in its stock price. On February 12, 2024, the company's stock touched a 52-week low of Rs 1931.8. This has led to a 'Strong Sell' call by MarketsMOJO.

The stock is currently trading at a price that is only 0.06% away from its 52-week low. In today's trading, Automotive Axles has underperformed the sector by -1.14%. This is the fourth consecutive day that the stock has been losing, with a decline of -3.89% in this period.

In terms of moving averages, Automotive Axles 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 the past year, Automotive Axles has seen a negative return of -22.86%, while the Sensex has shown a positive return of 17.40%. This further highlights the underperformance of the company's stock.

As a smallcap company in the auto ancillary industry, Automotive Axles may face challenges in the current market conditions. Investors should carefully consider their options before making any decisions regarding this stock.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News