Hathway Cable & Datacom's Stock Drops -15.53% to 52-Week Low, Reflecting Bearish Trend

Hathway Cable & Datacom, a smallcap company in the DTH/Cable industry, has seen a significant drop in its stock price on November 27, 2024. The stock has lost -15.53% of its value, closing at a new 52-week low of Rs.14.83. This decline has been reflected in the stock call given by MarketsMOJO, which is 'Sell'.

The stock has underperformed the sector by -13.31% and has shown a trend reversal after three consecutive days of gains. It has also been highly volatile today, with an intraday volatility of 11.28%. This can be seen in the stock's movement, as it touched an intraday low of Rs.14.83, a decrease of -20.01%.

Hathway Cable & Datacom is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. This could be a cause for concern for investors.

In comparison to the Sensex, Hathway Cable & Datacom has performed poorly, with a 1-day performance of -15.53% compared to the Sensex's -0.18%. Similarly, in the past month, the stock has shown a decline of -13.48%, while the Sensex has seen a slight increase of 0.58%.

Investors should keep a close eye on the performance of Hathway Cable & Datacom and consider the current market conditions before making any investment decisions. This news article is for informational purposes only and does not recommend any action.