Rajesh Exports Ltd. Stock Plummets -5.79%, 'Strong Sell' Call by MarketsMOJO
Rajesh Exports Ltd., a midcap company in the diamond and gold jewellery industry, has been experiencing a decline in its stock performance. On October 23, 2024, the stock lost -5.79% and has been on a consecutive fall for the last four days. It hit a new 52-week low of Rs. 251.5 today, underperforming the sector by -4.58%. The stock is currently trading below its moving averages and has shown a negative performance compared to the Sensex in the last 1 day and 1 month. Investors and experts are advised to closely monitor the stock's performance and conduct thorough research before investing.
Rajesh Exports Ltd., a midcap company in the diamond and gold jewellery industry, has been facing a downward trend in its stock performance. On October 23, 2024, the company's stock lost -5.79%, resulting in a 'Strong Sell' call by MarketsMOJO.
The stock has been on a consecutive fall for the last four days, with a total decline of -10.59% during this period. Today, it hit a new 52-week low of Rs. 251.5, underperforming the sector by -4.58%. The intraday low for the stock was Rs. 251.5, a decrease of -4.84%.
Rajesh Exports Ltd. is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. In comparison to the Sensex, the company's stock performance in the last 1 day and 1 month has been -5.79% and -14.02% respectively, while the Sensex has shown a performance of 0.08% and -5.47% in the same periods.
Investors and experts are advised to closely monitor the stock's performance and take necessary precautions before making any investment decisions. With the current downward trend, it is important to consider all factors and do thorough research before investing in Rajesh Exports Ltd.
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