Microcap Textile Company, Celebrity Fashions, Sees Dip in Stock Price Amidst Market Struggles

Nov 21 2024 09:36 AM IST
share
Share Via
Celebrity Fashions, a microcap company in the textile industry, has recently seen a dip in its stock price, reaching a 52-week low of Rs 13.5 on November 21, 2024. The stock is currently trading slightly above this low, but has underperformed the sector and is trading below its moving averages. In the past year, the company has shown a negative performance compared to the positive performance of the Sensex. Investors and experts are advised to carefully consider the company's challenges and financial health before making any investment decisions.

Celebrity Fashions, a microcap company in the textile industry, has recently seen a dip in its stock price. On November 21, 2024, the company's stock price touched a 52-week low of Rs 13.5. This has led to a "Strong Sell" call by MarketsMOJO.

Currently, the stock is trading at 2.53% above its 52-week low. However, it has underperformed the sector by -1.86% in today's trading session. The company's stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend.

In the past year, Celebrity Fashions has seen a negative performance of -26.78%, while the Sensex has shown a positive performance of 16.78%. This further highlights the company's struggles in the market.

As a microcap company in the textile industry, Celebrity Fashions may face challenges in competing with larger players in the market. However, the company has not made any official statements regarding its stock performance or future plans.

Investors and experts are advised to carefully consider the current market conditions and the company's financial health before making any investment decisions. This is a fact-based update on Celebrity Fashions' stock performance and should not be considered as a recommendation to buy or sell the stock.
{{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