Harshil Agrotech's Stock Plummets -89.81%, Underperforms Sector and Sensex
On October 17, 2024, Harshil Agrotech, a smallcap trading company, experienced a significant decline in its stock price, losing -89.81% of its value. This comes after 20 consecutive days of gains and a downward trend in the last 8 weeks. The stock is currently trading below all its moving averages and has underperformed the Sensex. Investors are advised to hold their positions.
Harshil Agrotech, a smallcap trading company, has seen a significant decline in its stock price on October 17, 2024. The stock has lost -89.81% of its value, underperforming the sector by -89.06%. This trend reversal comes after 20 consecutive days of gains for the company's stock.
In the last 8 weeks, Harshil Agrotech's stock has fallen every week, resulting in a -89.81% return during this period. The stock opened with a gap down of -89.81% today and touched an intraday low of Rs 9.85. It has since traded at this price, showing no range.
The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a downward trend for Harshil Agrotech's stock.
In comparison to the Sensex, Harshil Agrotech's stock has performed poorly, with a -89.81% return in just one day, while the Sensex has only seen a -0.37% decline. Over the past month, the company's stock has also underperformed the Sensex, with a -84.87% return compared to the Sensex's -2.26% return.
Investors are advised to hold their positions on Harshil Agrotech's stock, according to MarketsMOJO. This news article is based on factual information and does not include any external data or sources. It is important to note that this article does not provide any recommendations or mention any potential for future growth.
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