PSP Projects' Stock Hits 52-Week Low, MarketsMOJO Issues 'Sell' Call

Mar 11 2024 11:35 AM IST
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PSP Projects, a smallcap real estate company, has recently hit a 52-week low of Rs. 648.5 on March 11, 2024. This has resulted in a 'Sell' call from MarketsMojo and a negative performance of -6.11% in the past year, indicating a struggle in the market. Investors should carefully consider all factors before investing.


PSP Projects, a smallcap company in the real estate industry, has recently seen a dip in its stock price. On March 11, 2024, the company's stock hit a 52-week low of Rs. 648.5. This has led to a 'Sell' call by MarketsMOJO, a leading financial analysis platform.

The stock's performance today has underperformed the sector by -1.72%. It touched an intraday low of Rs. 648.5, a decrease of 2.74%. Additionally, PSP Projects 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.

In comparison to the Sensex, PSP Projects has shown a negative performance of -6.11% in the past year, while the Sensex has seen a positive growth of 24.91%. This further highlights the company's struggle in the market.

While the reasons for the dip in PSP Projects' stock price are not mentioned, investors should take note of the company's current performance and make informed decisions. With a 'Sell' call from MarketsMOJO and a negative 1-year performance, it is important to carefully consider all factors before investing in PSP Projects.
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