Indian Terrain Fashions Hits 52-Week Low Amid Prolonged Stock Decline
Indian Terrain Fashions has hit a new 52-week low, with its stock price declining significantly over the past eight days. The company is trading below all major moving averages, reflecting a bearish trend, and its stock has fallen 44.14% over the past year, underperforming the broader market.
Indian Terrain Fashions has reached a new 52-week low, with its stock price hitting Rs. 39.76 on January 13, 2025. This decline marks a significant downturn for the microcap trading company, which has seen its stock fall consecutively for eight days, resulting in a total drop of 13.89% during this period. On the trading day, Indian Terrain's stock opened with a gap down of 3.26% and reached an intraday low of Rs. 39.76, reflecting a decrease of 10.55%. The company's performance has notably lagged behind its sector by 2.59%.
In terms of moving averages, Indian Terrain Fashions is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past year, the company's stock has declined by 44.14%, in stark contrast to the Sensex, which has gained 5.86% during the same timeframe.
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