Luharuka Media & Infra hits 52-week low, 'Strong Sell' call by MarketsMOJO

Luharuka Media & Infra Ltd, a microcap company in the film production, distribution, and entertainment industry, has recently hit a 52-week low on October 9th, 2024. This has led to a 'Strong Sell' call by MarketsMOJO.

The stock price of Luharuka Media & Infra has been on a downward trend for the past 21 days, with a decrease of -33.03% in returns during this period. Today, the stock hit a new low of Rs.3.65, underperforming the sector by -3.91%. The company's stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison, the film production, distribution, and entertainment sector has seen a gain of 2.03%. However, Luharuka Media & Infra's 1-year performance has been -7.12%, while the Sensex has shown a positive performance of 25.11%.

Despite the recent dip in stock price, Luharuka Media & Infra remains a microcap company with potential for growth in the film industry. Investors should keep an eye on the company's performance and future developments. This is not a recommendation to buy or sell the stock, but rather a fact-based update on the current state of the company.