Manaksia's Stock Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO

Manaksia, a microcap company in the aluminium and aluminium products industry, has recently seen a dip in its stock price. On November 22, 2024, the company's stock touched a 52-week low of Rs 83, which is 3.57% lower than its previous low.

According to MarketsMOJO, a leading stock analysis platform, the stock has been given a 'Strong Sell' rating. In today's trading, Manaksia's performance has underperformed the sector by -2.85%. The stock has also been on a consecutive downward trend for the past two days, with a decline of -1.84% during this period. In intraday trading, the stock reached a low of Rs 85.28, which is a decrease of -2.53%.

Manaksia's current stock price is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in the company's stock performance.

In the past year, Manaksia's stock has seen a decline of -35.33%, while the Sensex has shown a positive growth of 19.83%. This further highlights the underperformance of Manaksia's stock in comparison to the overall market.

Despite these recent developments, it is important to note that this article is not making any recommendations or predictions about the future potential of Manaksia's stock. It is simply presenting the current facts and figures of the company's stock performance. Investors are advised to conduct their own research and analysis before making any investment decisions.