GTPL Hathway Hits 52-Week Low, MarketsMOJO Calls for 'Strong Sell' Rating

GTPL Hathway Ltd., a smallcap company in the TV broadcasting and software industry, has recently hit a 52-week low on October 23, 2024. This has led to a 'Strong Sell' call by MarketsMOJO, a leading stock market analysis platform. The stock price of GTPL Hathway has been on a downward trend, with today's performance showing a decrease of -2.27% compared to the sector. In fact, the stock has been consistently falling for the past two days, with a total decline of -4.8% during this period. The day's low was recorded at Rs. 147, which is a decrease of -4.14%. In addition, GTPL Hathway 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. When compared to the performance of the Sensex, GTPL Hathway has underperformed with a -7.14% return in the past year, while the Sensex has shown a positive return of 24.81%. Despite the recent decline in stock price, it is important to note that this is a smallcap company in a niche industry. Investors should carefully consider their options and do their own research before making any investment decisions.