Everest Industries Stock Hits 52-Week Low, MarketsMOJO Issues 'Strong Sell' Call

Everest Industries, a smallcap company in the construction material industry, has recently seen a dip in its stock price. On November 25, 2024, the company's stock touched a 52-week low of Rs 764.3. This has led to a 'Strong Sell' call by MarketsMOJO.

Currently, the stock is trading at a price that is only 0.1% away from its 52-week low. In comparison to its sector, Everest Industries has underperformed by -1.23% today. The stock has also been on a downward trend for the past 12 days, with a decline of -33.06% during this period.

In terms of moving averages, Everest Industries is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bearish trend for the stock.

Looking at the company's performance over the past year, Everest Industries has seen a decline of -36.08%, while the Sensex has shown a growth of 21.85%. This further supports the 'Strong Sell' call by MarketsMOJO.

As a smallcap company in the construction material industry, Everest Industries may face challenges in the current market conditions. Investors should carefully consider their options before making any decisions regarding this stock.