Keerthi Industries' Stock Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO

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

As of today, the stock is trading at a price that is 4.66% away from its 52-week low of Rs 91.1. It has also outperformed the sector by 3.06% in terms of performance. In the last 3 days, the stock has shown consecutive gains and has risen by 2.3%. Today, it opened with a gain of 6.67% and touched an intraday high of Rs 99.9.

However, Keerthi Industries 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 the past year, Keerthi Industries has seen a negative return of -24.11%, while the Sensex has shown a positive return of 20.50%. This suggests that the company's stock has not performed well compared to the overall market.

Keerthi Industries is a microcap company in the cement industry. While the recent dip in its stock price may be a cause for concern, it is important to note that this is not a reflection of the company's future potential. Investors should carefully consider all available information before making any investment decisions.