Kakatiya Cement Sugar & Industries Hits 52-Week Low, Receives Strong Sell Rating from MarketsMOJO

Kakatiya Cement Sugar & Industries, a microcap company in the cement industry, has recently hit a 52-week low on November 19, 2024. The stock has been given a "Strong Sell" rating by MarketsMOJO, indicating a negative outlook for the company's performance.

The stock's price summary shows that it hit a new low of Rs.163 today and underperformed the sector by -1.52%. It has also been on a consecutive downward trend for the past 2 days, with a loss of -2.65% during this period. However, there was a slight positive movement today as the stock opened with a gain of 2%.

The intraday high for the stock was Rs.183.5, a 2% increase from the opening price, while the intraday low was Rs.163, a significant decrease of -9.39%. This high volatility is reflected in the stock's intraday volatility of 5.92%, calculated from the weighted average price.

In terms of moving averages, Kakatiya Cement is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price.

In the past year, Kakatiya Cement Sugar & Industries has seen a negative performance of -19.93%, while the Sensex has shown a positive performance of 18.62%. This further highlights the underperformance of the company's stock in comparison to the overall market.

It is important to note that this article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative overview of Kakatiya Cement Sugar & Industries' recent stock performance. As always, investors are advised to conduct their own research and make informed decisions before investing in any company.