Inditrade Capital Hits 52-Week Low Amidst Bearish Trend in Finance Sector

Inditrade Capital, a microcap finance company, has recently hit a 52-week low on August 14, 2024. The stock has been on a downward trend for the past three days, with a consecutive fall of -7.08% during this period. Today, the stock hit a new low of Rs.12.7, in line with the overall performance of the finance sector. Inditrade Capital's performance over the past year has been disappointing, with a -72.98% return compared to the Sensex's 20.76% growth. The company's stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Inditrade Capital, a non-banking finance company, provides various financial services such as loans, investment banking, and wealth management. The company's current stock call is 'Sell' according to MarketsMOJO, a leading stock market analysis platform. Investors should carefully consider the company's financial performance and market trends before making any investment decisions. This news article is for informational purposes only and does not contain any recommendations or opinions from experts or investors. It is important to conduct thorough research and analysis before investing in any stock, especially in the volatile microcap sector.