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

Bajaj Electricals, a leading player in the consumer durables industry, has recently hit a 52-week low on November 18, 2024. The stock has been on a downward trend for the past 6 days and has seen a decline of -17.53% during this period. Today, the stock touched an intraday low of Rs. 761.55, underperforming the sector by -2.31%.

According to MarketsMOJO, a leading stock analysis platform, the stock has been given a 'Strong Sell' rating. This is based on the fact that Bajaj Electricals is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bearish trend in the stock's performance.

In comparison to the Sensex, Bajaj Electricals has seen a negative 1-year performance of -23.34%, while the Sensex has shown a positive performance of 17.42%. 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.