Keerthi Industries' Stock Hits 52-Week Low and Receives Strong Sell Rating

Keerthi Industries, a microcap cement company, has recently seen a dip in its stock price, hitting a 52-week low on March 13, 2024. According to MarketsMOJO, a leading stock market analysis platform, the stock has been given a "Strong Sell" rating.

The company's stock price has been underperforming the sector, with a decrease of 0.62% in today's trading. This is the sixth consecutive day of losses for Keerthi Industries, with a significant decline of 23.16% in the past few days.

In terms of moving averages, the stock is currently trading below the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This indicates a downward trend in the stock's performance.

Compared to the Sensex, which has seen a 26.61% increase in the past year, Keerthi Industries has had a negative performance of -18.14%. This further highlights the company's struggles in the market.

While the reasons for the decline in Keerthi Industries' stock price are not mentioned, investors should take note of the company's current performance and make informed decisions. With a "Strong Sell" rating from MarketsMOJO, it is important for investors to carefully consider their options before investing in Keerthi Industries.