Future Retail Hits 52-Week Low, Underperforms Sector and Sensex in Past Year

Future Retail, 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. 1.98 on the day. It also underperformed the sector by -2.94% and has been on a consecutive fall for the last 2 days, with a -6.91% return in that period. Additionally, Future Retail is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance, Future Retail's 1-year performance has been -29.72%, while the Sensex has shown a positive growth of 23.04%. This indicates a significant underperformance by the company in the past year.

It is important to note that this article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative overview of Future Retail's recent performance in the stock market. As a microcap company, Future Retail may have potential for growth in the future, but this article does not make any claims or recommendations regarding its future potential. Investors and experts may have their own opinions on the company, but they are not mentioned in this article.