Keerthi Industries Hits 52-Week Low, Underperforming Sector and Sensex

Keerthi Industries, a microcap cement company, has recently hit a 52-week low on November 14, 2024. The stock has been underperforming the sector by -2.32% and has been on a consecutive fall for the last two days, with a -3.9% return during this period. Today, the stock opened with a loss of -2.17% and touched an intraday low of Rs. 90.

The company's stock has been trading at a consistent price of Rs. 90 since the opening, with no significant range. It is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a downward trend in the stock's performance.

In comparison to the Sensex, Keerthi Industries has shown a negative 1-year performance of -32.27%, while the Sensex has shown a positive performance of 19.81%. This suggests that the company's stock has not been able to keep up with the overall market trend.

MarketsMOJO has given a 'Strong Sell' call for Keerthi Industries, indicating a negative outlook for the stock. Investors should keep a close eye on the company's performance and market trends before making any investment decisions.