Bajaj Electricals Hits 52-Week Low, Receives 'Strong Sell' Call from MarketsMOJO

Bajaj Electricals, a leading player in the consumer durables industry, has recently hit a 52-week low on November 14, 2024. The stock has been on a downward trend for the past 5 days, with a consecutive fall of -12.79% in returns during this period. This has led to a 'Strong Sell' call by MarketsMOJO.

On November 14, the stock hit a new low of Rs.799, underperforming the sector by -0.3%. Bajaj Electricals is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the stock.

In comparison to the Sensex, Bajaj Electricals has had a negative performance of -19.15% in the past year, while the Sensex has shown a positive performance of 19.81%. This further highlights the underperformance of the stock in the market.

It is important to note that this news 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.