Microcap IT Software Company Virinchi Hits 52-Week Low, Labeled as 'Strong Sell' by MarketsMOJO
Virinchi, a microcap IT software company, has seen a decline in its stock price, hitting a 52-week low of Rs.27.3 on November 18, 2024. This has been reflected in the 'Strong Sell' label given by MarketsMojo. The company's performance has underperformed the IT - Software sector and is currently trading below its moving averages. Despite challenges, Virinchi remains a player in the competitive industry.
Virinchi, a microcap IT software company, has recently hit a 52-week low with its stock price dropping to Rs.27.3 on November 18, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which has labeled it as a 'Strong Sell'.
The company's performance today has underperformed the IT - Software sector by -0.33%. In addition, Virinchi 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.
The IT - Software sector as a whole has also seen a decline of -2.56%, further highlighting the challenges faced by Virinchi. In comparison, the company's 1-year performance has been -15.60%, while the Sensex has shown a positive growth of 17.51%.
Despite these challenges, Virinchi remains a player in the competitive IT - Software industry. As a microcap company, it may face additional hurdles in the market, but its performance and potential for growth will continue to be closely monitored by investors.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
