Gorani Industries Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO
Gorani Industries, a microcap company in the domestic appliances industry, has hit a 52-week low on May 10, 2024. The stock has been on a downward trend for the past three days, with a consecutive fall of -5.37%. According to MarketsMojo, the stock has been given a 'Strong Sell' call due to its underperformance and continuous decline. It is currently trading below its moving averages and has shown a negative 1-year performance. Investors should carefully analyze the company's financials and market trends before making any investment decisions.
Gorani Industries, a microcap company in the domestic appliances industry, has recently hit a 52-week low on May 10, 2024. This news has caused concern among investors as the stock has been on a downward trend for the past three days, with a consecutive fall of -5.37% during this period. The stock is currently trading at Rs. 107.55, which is -3.25% lower than the sector's performance today.
According to MarketsMOJO, a leading stock analysis platform, the stock has been given a 'Strong Sell' call. This is due to its underperformance compared to the sector and its continuous decline in the past few days. The stock also touched an intraday low of Rs. 107.55, which is -2.23% lower than its previous close.
Gorani Industries is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the stock. Its 1-year performance has been -34.42%, while the Sensex has shown a positive growth of 17.56% during the same period.
It is important for investors to carefully analyze the company's financials and market trends before making any investment decisions. With the current state of the stock, it is advisable to exercise caution and do thorough research before investing in Gorani Industries.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
