Future Lifestyle Fashions Hits 52-Week Low, Underperforms Sector and Sensex

Future Lifestyle Fashions, a microcap company in the retailing industry, has recently hit a 52-week low on March 7, 2024. The stock has been given a 'not rated' call by MarketsMOJO, indicating a neutral stance on the company's performance.

The stock's price summary shows that it hit a new 52-week and all-time low of Rs.2.5 on the day of the news. It also underperformed the sector by -3.57% on the same day. This marks the second consecutive day of losses for the stock, with a decline of -5.66% in the past two days.

In terms of moving averages, Future Lifestyle is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages. This indicates a downward trend in the stock's performance.

Compared to the Sensex, Future Lifestyle Fashions has had a negative 1-year performance of -58.76%, while the Sensex has seen a positive return of 23.04%. This shows a significant difference in the company's performance compared to the overall market.

It is important to note that this news is based on factual data and does not include any external opinions or recommendations. As a microcap company, Future Lifestyle Fashions may face challenges in the retailing industry, but only time will tell how it will fare in the future.