ESAF Small Finance Bank Hits 52-Week Low, Underperforms Sector with -8.06% Difference

ESAF Small Finance Bank, a smallcap private bank, has recently hit a 52-week low on November 14, 2024. The stock has been underperforming the sector with a -8.06% difference in performance today. This marks the fifth consecutive day of losses for the bank, with a total decline of -14.28% during this period.

The stock opened today with a gap down of -8.65% and touched an intraday low of Rs 38.2, which is also its all-time low. ESAF Small Finance Bank is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its price.

In comparison to the Sensex, which has shown a positive performance of 19.81% in the past year, ESAF Small Finance Bank has recorded a negative return of -45.61%. This suggests that the bank has not been able to keep up with the overall market trend.

MarketsMOJO has given a 'Strong Sell' call for ESAF Small Finance Bank, cautioning investors about the current state of the stock. It is important for investors to carefully consider all available information before making any investment decisions.