Kovilpatti Lakshmi Roller Flour Mills Hits 52-Week Low Amidst Market Challenges
Kovilpatti Lakshmi Roller Flour Mills has reached a new 52-week low, with its stock price declining significantly. The stock has underperformed its sector and is trading below multiple moving averages, indicating a bearish trend. Over the past year, it has seen a substantial decline compared to the broader market.
Kovilpatti Lakshmi Roller Flour Mills has recently reached a new 52-week low, with its stock price dropping to Rs. 126.35 on January 13, 2025. This decline represents a significant downturn, as the stock has underperformed its sector by 2.22% on the same day. After two consecutive days of gains, the stock has reversed its trend, falling by 5.07% to hit this intraday low.In terms of technical indicators, Kovilpatti Lakshmi Roller Flour Mills is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a prevailing bearish trend. Over the past year, the stock has experienced a notable decline of 38.63%, in stark contrast to the Sensex, which has gained 5.92%. These performance metrics highlight the challenges the company is currently facing in the market.
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