National General Industries hits 52-week low, receives 'Strong Sell' rating from MarketsMOJO.

National General Industries, a microcap company in the iron and steel industry, has recently hit a 52-week low on March 13, 2024. This news comes as the stock has been on a downward trend for the past three days, with a consecutive fall of -11.25% in that period. The stock opened today with a gain of 2%, but quickly fell to an intraday low of Rs 66.55, a decrease of -4.93%.

According to MarketsMOJO, a leading stock analysis platform, the stock has been given a 'Strong Sell' rating. This is in line with the overall performance of the iron and steel sector, which has fallen by -3.51%.

In terms of moving averages, National General Industries is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages. This indicates a bearish trend for the stock.

Looking at the company's performance over the past year, National General Industries has seen a decline of -33.45%, while the Sensex has seen a growth of 25.28%. This further highlights the underperformance of the company in comparison to the overall market.

It is important to note that this news is based on factual data and does not include any external opinions or recommendations. As a microcap company, National General Industries may be more susceptible to market fluctuations and investors should carefully consider their options before making any investment decisions.