Rajesh Exports Ltd. Hits 52-Week Low, MarketsMOJO Labels it as 'Strong Sell'

Rajesh Exports Ltd., a midcap company in the diamond and gold jewellery industry, has recently hit a 52-week low on November 26, 2024. This has been reflected in the stock call given by MarketsMOJO, which has labeled it as a 'Strong Sell'.

The stock price of Rajesh Exports Ltd. has been on a downward trend, with the latest low being Rs.230.65. Today's performance has also been underwhelming, with the stock underperforming the sector by -2.12%. This is in line with the consecutive fall in the stock price for the last 2 days, with a decline of -1.74% during this period.

In terms of moving averages, Rajesh Exports Ltd. is currently trading below the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bearish trend in the stock price.

When compared to the performance of the Sensex, Rajesh Exports Ltd. has not fared well in the past year, with a decline of -34.88% while the Sensex has shown a growth of 21.23%. This further reinforces the 'Strong Sell' recommendation by MarketsMOJO.

Investors should take note of the current state of Rajesh Exports Ltd. and make informed decisions based on their own research and risk appetite. The company's performance in the past year has been lackluster and it is important to carefully consider all factors before making any investment decisions.