DHP India . Hits 52-Week Low Amidst 'Strong Sell' Call from MarketsMOJO

Aug 16 2024 09:36 AM IST
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DHP India ., a microcap company in the domestic appliances industry, has hit a 52-week low on August 16, 2024, accompanied by a 'Strong Sell' call from MarketsMojo. The stock has been underperforming the sector and is currently trading below its moving averages, with a 1-year performance of -37.43%. Investors should exercise caution due to the company's susceptibility to market fluctuations.

DHP India ., a microcap company in the domestic appliances industry, has recently hit a 52-week low on August 16, 2024. This news has been accompanied by a 'Strong Sell' call from MarketsMOJO, a leading financial analysis platform.

The stock price of DHP India . has been on a downward trend, underperforming the sector by -5.76% in today's trading session. This marks the third consecutive day of losses for the company, with a significant decline of -27.25% in this period. The stock opened with a gap down of -12.81% and touched an intraday low of Rs. 465, showing high volatility with an intraday range of 5.5%.

DHP India . 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. The company's 1-year performance has been -37.43%, while the Sensex has shown a positive growth of 21.97% in the same period.

It is important to note that this information is based on facts and figures and does not include any external data or sources. As a microcap company, DHP India . may be more susceptible to market fluctuations and investors should exercise caution while making any investment decisions.
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