Poddar Housing & Development hits 52-week low, receives 'Strong Sell' call from MarketsMOJO

Poddar Housing & Development Ltd, a microcap company in the construction and real estate industry, has recently hit a 52-week low on September 20, 2024. This has led to a 'Strong Sell' call by MarketsMOJO, a leading stock market analysis platform.

The stock price of Poddar Housing & Development touched a low of Rs. 68.69 today, underperforming the sector by -1.3%. This is the third consecutive day of losses for the company, with a decline of -12% in the past three days. The stock also touched an intraday low of Rs. 68.69, a decrease of -4.84%.

Poddar Housing & Development 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 construction and real estate sector as a whole has also seen a decline of -3.54%.

In the past year, Poddar Housing & Development has seen a negative return of -31.40%, while the Sensex has shown a positive return of 24.79%. This further highlights the underperformance of the company in comparison to the overall market.

Investors and experts are advised to exercise caution while considering Poddar Housing & Development as an investment option, as the company's stock price continues to decline. It is important to conduct thorough research and analysis before making any investment decisions.