Delhivery's Stock Hits 52-Week Low, Underperforms Sector and Sensex.

Delhivery, a leading logistics company in India, has recently hit a 52-week low in its stock price. On November 11, 2024, the stock price touched Rs.340.1, which is the lowest it has been in the past year. This has led to a 'Strong Sell' call by MarketsMOJO.

The stock's performance today has been underwhelming, as it has underperformed the sector by -0.53%. This is also the third consecutive day that the stock has been losing, with a -3.66% return in this period. However, there was a slight positive movement today as the stock opened with a gain of 2.02%.

The day's high for Delhivery was Rs.353.55, which is a 2.18% increase from its opening price. However, the stock is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, Delhivery's performance in the past year has been -16.21%, while the Sensex has seen a growth of 22.44%. This indicates a significant underperformance by Delhivery in the market.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of Delhivery or its stock price. As a largecap company in the logistics industry, Delhivery's stock performance will continue to be closely monitored by investors and analysts.