Future Supply Chain Solutions Hits 52-Week Low, Underperforming Sector

Future Supply Chain Solutions, a microcap logistics company, has recently hit a 52-week low on October 16, 2024. The stock has been underperforming the sector, with a -1.96% decrease in price today. This marks the third consecutive day of losses for the company, with a total decline of -10.36% in the past three days.

At the time of writing, the stock is trading at Rs.1.98, which is also its all-time low. This is a significant decrease from its previous high of Rs.11.00. The company's moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, all show that the stock is currently trading lower than its historical averages.

In the past year, Future Supply Chain Solutions has seen a decline of -81.71%, while the Sensex has shown a positive performance of 23.56%. This indicates that the company has not been able to keep up with the overall market trends.

It is important to note that MarketsMOJO has given a 'not rated' call for the stock, indicating that they do not have enough information to provide a recommendation. As a microcap company, Future Supply Chain Solutions may face challenges in the highly competitive logistics industry. Investors should carefully consider all available information before making any investment decisions.