Bodhi Tree Multimedia Hits 52-Week Low Amidst Bearish Trend and Strong Sell Rating

Bodhi Tree Multimedia, a microcap company in the TV broadcasting and software industry, has recently hit a 52-week low on November 11, 2024. This news comes as the stock has been on a downward trend for the past three days, with a consecutive fall of -10.54% in returns during this period.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the stock has been given a "Strong Sell" call. Today, the stock underperformed the sector by -8.08% and touched an intraday low of Rs 10.15, which is also its all-time low. On the other hand, the stock touched an intraday high of Rs 12.25, showing high volatility with an intraday range of 7.36%.

Bodhi Tree Multimedia is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. In the past year, the company's performance has been -33.89%, while the Sensex has shown a positive growth of 22.93%.

It is important to note that this article is based on factual information and does not include any external data or sources. As a microcap company, Bodhi Tree Multimedia's stock performance may be more volatile compared to larger companies in the industry. Investors are advised to do their own research and consult with a financial advisor before making any investment decisions.