RACL Geartech's Stock Hits 52-Week Low, Receives Strong Sell Rating from MarketsMOJO

RACL Geartech, a microcap company in the auto ancillary industry, has recently seen a dip in its stock price. On October 17, 2024, the company's stock hit a 52-week low of Rs. 921. This has led to a "Strong Sell" call by MarketsMOJO. The stock's performance today has underperformed the sector by -0.94%. In fact, RACL Geartech has been on a downward trend for the past three days, with a fall of -4.06% in this period. The company's stock is also currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In comparison to the Sensex, RACL Geartech's performance over the past year has been -25.52%, while the Sensex has seen a growth of 22.26%. This indicates a significant underperformance by the company. While there is no information available on the reason for the stock's decline, investors should take note of the current trend and the "Strong Sell" call by MarketsMOJO. It is important to carefully consider all factors before making any investment decisions.