Kovilpatti Lakshmi Roller Flour Mills Hits 52-Week Low Amid Market Challenges
Kovilpatti Lakshmi Roller Flour Mills has faced significant volatility, hitting a new 52-week low of Rs. 104.05. The microcap company has underperformed its sector and experienced a substantial decline over the past year, trading below multiple moving averages, indicating ongoing challenges in the market.
Kovilpatti Lakshmi Roller Flour Mills has experienced significant volatility today, reaching a new 52-week low of Rs. 104.05. This decline marks a notable downturn for the microcap company, which operates within the FMCG sector. The stock opened with a gap down of 2.4% and further dipped to an intraday low of Rs. 104.05, reflecting a decrease of 5.58% during the trading session.In terms of performance metrics, Kovilpatti Lakshmi Roller Flour Mills has underperformed its sector by 4.77%. Over the past year, the stock has seen a substantial decline of 44.27%, contrasting sharply with the Sensex, which has gained 7.05% in the same period. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. These factors collectively highlight the challenges faced by Kovilpatti Lakshmi Roller Flour Mills in the current market environment.
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