Mefcom Capital Markets Hits 52-Week Low, Underperforms Sector and Sensex

Mefcom Capital Markets, a microcap finance company, has recently hit a 52-week low on March 14, 2024. The stock has been underperforming in the market, with a 'Sell' call by MarketsMOJO. The current price of the stock is Rs.11.5, which is a significant decrease from its previous highs.

In today's trading session, Mefcom Capital has underperformed the finance/NBFC sector by -3.21%. This is a continuation of the stock's downward trend, as it has been losing for the last four days and has fallen by -21.61% in this period. The company's moving averages also indicate a bearish trend, with the stock trading below the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, Mefcom Capital's performance in the last year has been disappointing, with a -24.70% return. This is in stark contrast to the Sensex's performance, which has seen a 25.53% increase in the same period.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of Mefcom Capital Markets. As a microcap company in the finance/NBFC industry, Mefcom Capital's performance in the market should be closely monitored by investors.