Mahalaxmi Rubtech's Stock Hits 52-Week Low, MarketsMOJO Issues 'Sell' Call

Oct 24 2024 12:05 PM IST
share
Share Via
Mahalaxmi Rubtech, a microcap company in the textile industry, has recently hit a 52-week low of Rs. 148.65 on October 24, 2024. MarketsMojo has issued a 'Sell' call for the stock, which is currently trading below its moving averages and has underperformed the sector and Sensex. Investors should carefully evaluate their options.

Mahalaxmi Rubtech, a microcap company in the textile industry, has recently seen a dip in its stock price. On October 24, 2024, the company's stock hit a 52-week low of Rs. 148.65. This has led to a 'Sell' call by MarketsMOJO, a leading stock market analysis and recommendation platform.

The stock's performance today has underperformed the sector by -1.64%, with an intraday low of Rs. 148.65 (-2.01%). Additionally, Mahalaxmi Rubtech is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price.

In comparison to the Sensex, which has seen a positive performance of 23.98% in the past year, Mahalaxmi Rubtech has experienced a decline of -23.40%. This further supports the 'Sell' call by MarketsMOJO.

As a microcap company in the textile industry, Mahalaxmi Rubtech may face challenges in the current market conditions. Investors should carefully consider their options before making any decisions regarding this stock. This information is based on facts and does not include any external data or sources.
{{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