Lesha Industries Hits 52-Week Low, Underperforms Sector and Market.

Oct 18 2024 09:36 AM IST
share
Share Via
Lesha Industries, a microcap company in the steel/sponge iron/pig iron industry, has hit a 52-week low on October 18, 2024. The stock has underperformed in today's trading and is currently trading below its moving averages. In the past year, the stock has seen a decline of -37.02%, highlighting its underperformance compared to the market. Investors should conduct their own research and exercise caution when considering this stock.


Lesha Industries, a microcap company in the steel/sponge iron/pig iron industry, has recently hit a 52-week low on October 18, 2024. This news has been met with a "Strong Sell" recommendation by MarketsMOJO.

The stock price of Lesha Industries has been on a downward trend, with the latest low of Rs. 1.84 being reached today. In comparison to its sector, the stock has underperformed by -0.39% in today's trading. This marks the third consecutive day of losses for the company, with a total decline of -2.56% in this period.

Furthermore, Lesha Industries is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the stock.

In the past year, Lesha Industries has seen a decline of -37.02%, while the Sensex has shown a positive performance of 22.28%. This further highlights the underperformance of the company in the market.

While the reasons for this decline in stock price are not mentioned, investors should take note of the current state of Lesha Industries and make informed decisions based on their own research and analysis. As a microcap company, Lesha Industries may be more susceptible to market fluctuations and investors should exercise caution when considering this stock.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News