Franklin Industries Hits 52-Week Low, Rated as 'Sell' by MarketsMOJO

Oct 22 2024 09:36 AM IST
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Franklin Industries, a microcap company in the construction and real estate industry, has hit a 52-week low on October 22, 2024. The stock is currently rated as a 'Sell' by MarketsMojo and has underperformed the sector by 0.6%. Moving averages show a downward trend and in the past year, the stock has declined by 19.42%. Investors should conduct their own research before making any investment decisions.

Franklin Industries, a microcap company in the construction and real estate industry, has recently hit a 52-week low on October 22, 2024. According to MarketsMOJO, the stock is currently rated as a 'Sell'.

The stock's price summary shows that it hit a new low of Rs.1.81 on the day of the news. However, it has outperformed the sector by 0.6% in today's trading. The moving averages for Franklin Industries also indicate a downward trend, with the stock trading below the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Franklin Industries has seen a decline of 19.42%, while the Sensex has shown a positive performance of 24.28%. This indicates that the company's stock has not been able to keep up with the overall market performance.

Despite the recent dip in stock price, it is important to note that this news article is not making any recommendations or predictions about the future potential of Franklin Industries. It is simply reporting the current facts and figures of the company's stock performance. As a microcap company, Franklin Industries may be more susceptible to market fluctuations and investors should do their own research before making any investment decisions.
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