Poddar Housing & Development Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO

Oct 15 2024 09:35 AM IST
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Poddar Housing & Development Ltd, a microcap company in the construction and real estate industry, has hit a 52-week low on October 15, 2024. The stock has been on a downward trend for the past 2 days, currently trading below its moving averages. In the past year, it has shown a negative return of -41.61%, highlighting its underperformance in comparison to the overall market. Investors should exercise caution and conduct thorough research before considering it as an investment option.

Poddar Housing & Development Ltd, a microcap company in the construction and real estate industry, has recently hit a 52-week low on October 15, 2024. This has led to a 'Strong Sell' call by MarketsMOJO, a leading financial analysis platform.

The stock price of Poddar Housing & Development touched a low of Rs. 67.15 today, underperforming the sector by -5.43%. The stock has been on a downward trend for the past 2 days, with a fall of -9.11% during this period. The day's low for the stock was Rs. 67.15, a decrease of -4.78% from the previous day.

Poddar Housing & Development is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the stock.

In the past year, Poddar Housing & Development has seen a negative return of -41.61%, while the Sensex has shown a positive return of 23.98%. This further highlights the underperformance of the company's stock in comparison to the overall market.

Investors should be cautious while considering Poddar Housing & Development as an investment option, given its recent performance and the 'Strong Sell' call by MarketsMOJO. It is advisable to do thorough research and consult with a financial advisor before making any investment decisions.
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