Kovilpatti Lakshmi Roller Flour Mills Ltd hits 52-week low, receives 'Strong Sell' call

Nov 14 2024 03:35 PM IST
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Kovilpatti Lakshmi Roller Flour Mills Ltd, a microcap FMCG company, hit a 52-week low of Rs.137.75 on November 14, 2024. The stock has been on a downward trend for the past three days and is currently trading below its moving averages. In the past year, the stock has underperformed the market, prompting a 'Strong Sell' call by MarketsMojo. Investors should carefully assess the company's financials before making any investment decisions.

Kovilpatti Lakshmi Roller Flour Mills Ltd, a microcap company in the FMCG industry, has recently hit a 52-week low in its stock price. On November 14, 2024, the stock price reached a low of Rs.137.75. This has led to a 'Strong Sell' call by MarketsMOJO.

In today's trading, the stock has outperformed the sector by 0.89%. However, it has been on a downward trend for the past three days, with a fall of -9.23% during this period. The stock is also currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Kovilpatti Lakshmi Roller Flour Mills Ltd has seen a negative performance of -27.23%, while the Sensex has shown a positive performance of 19.48%. This indicates that the company's stock has not been able to keep up with the overall market performance.

Investors should take note of the recent 52-week low and the 'Strong Sell' call by MarketsMOJO. It is important to carefully evaluate the company's financials and future prospects before making any investment decisions.
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