Keerthi Industries Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO
Keerthi Industries, a microcap cement company, has hit a 52-week low on September 20, 2024 and has been given a 'Strong Sell' call by MarketsMojo. The stock has underperformed the sector by -5.83% and is currently trading below its moving averages. It has also had a negative 1-year performance of -21.26%. Investors should carefully consider their options before investing in this stock.
Keerthi Industries, a microcap cement company, has recently hit a 52-week low on September 20, 2024. According to MarketsMOJO, the stock has been given a 'Strong Sell' call. The stock opened today with a gain of 2.42% but has underperformed the sector by -5.83%. It has also been on a downward trend for the past 5 days, with a fall of -15.46% in that period.
The stock's price summary shows that it hit a new 52-week low of Rs.101.45 today and reached an intraday high of Rs.110.1 (2.42%). However, it also touched an intraday low of Rs.101.45 (-5.63%). Keerthi Industries is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In comparison to the Sensex performance of 25.44%, Keerthi Industries has had a negative 1-year performance of -21.26%. As a microcap company in the cement industry, Keerthi Industries may face challenges in the current market conditions. Investors should carefully consider their options before making any decisions regarding this stock.
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