Rajnish Wellness Hits 52-Week Low, Receives 'Sell' Call from MarketsMOJO

Rajnish Wellness, a microcap FMCG company, has recently hit a 52-week low on November 13, 2024. The stock has been underperforming the sector by -1.9% and has been on a downward trend for the past three days, with a -5.42% return during this period. The current stock price of Rs.1.88 is the lowest it has been in the past year.

MarketsMOJO has given a 'Sell' call for Rajnish Wellness, indicating a negative outlook for the stock. The company's performance in the past year has been significantly lower compared to the overall market, with a -83.29% return as opposed to the Sensex's 21.03% return.

Rajnish Wellness operates in the fast-moving consumer goods (FMCG) industry, catering to the microcap segment. The company's stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment in the market.

It is important to note that this article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative perspective on Rajnish Wellness' recent stock performance. As always, investors are advised to conduct their own research and make informed decisions before investing in any company.