Pritika Auto Industries Hits 52-Week Low Amid Sustained Downward Trend

Pritika Auto Industries has recently reached a new 52-week low, with its stock price falling to Rs. 22.69 on January 13, 2025. This decline represents a significant downturn for the microcap company in the engineering sector, which has seen a consecutive drop over the past three days, totaling 7.27%. The stock's performance has lagged behind its sector, which has experienced a decrease of 2.74%. Currently, Pritika Auto Industries is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. Over the past year, the company's performance has declined by 32.69%, in stark contrast to the Sensex, which has gained 5.35% during the same period. The stock has been categorized in the Hidden Turnaround category since November 13, 2024, and market participants will be closely watching its performance in the upcoming days.