Keerthi Industries' Stock Reaches 52-Week Low, Given 'Strong Sell' Rating by MarketsMOJO

Keerthi Industries, a microcap cement company, has recently seen a dip in its stock price, reaching a 52-week low on October 17, 2024. According to MarketsMOJO, a leading stock analysis platform, the stock has been given a 'Strong Sell' rating.

The current stock price is 1.5% away from its 52-week low of Rs 101.45. Today, the stock has underperformed the sector by -1.16% and has been on a downward trend for the past two days, with a -3.15% return during this period. The stock also touched an intraday low of Rs 103, a decrease of -2.78%.

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

Compared to the Sensex, Keerthi Industries has had a negative 1-year performance of -26.32%, while the Sensex has seen a positive growth of 21.92%. This further highlights the underperformance of the company's stock.

It is important to note that this news article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of the company. As a microcap company in the cement industry, Keerthi Industries' stock performance may be affected by various factors and investors are advised to do their own research before making any investment decisions.