India Gelatine & Chemicals Ltd hits 52-week low, underperforming sector by -5.68%

India Gelatine & Chemicals Ltd, a microcap company in the chemicals industry, has recently hit a 52-week low on November 12, 2024. The stock has been underperforming the sector by -5.68% and has been on a downward trend for the last four days, with a -7.49% return during this period. Today, the stock opened with a loss of -4.13% and touched an intraday low of Rs 316.1, which is a significant -10.07% decrease.

According to MarketsMOJO, the stock call for India Gelatine & Chemicals is 'Sell'. The company's stock is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bearish trend in the stock's performance.

Despite the recent dip in stock price, India Gelatine & Chemicals Ltd has a high dividend yield of 3.13% at the current price. However, the company's 1-year performance has been -8.09%, which is lower than the Sensex's performance of 21.95%.

It is important to note that this article is based on factual information and does not include any external data or sources. We do not provide any recommendations or opinions on the future potential of the company or its stock. As a microcap company in the chemicals industry, India Gelatine & Chemicals Ltd may be subject to market volatility and investors should conduct their own research before making any investment decisions.