Rajnish Wellness Hits 52-Week Low Amidst Significant Stock Decline

Dec 26 2024 10:05 AM IST
share
Share Via
Rajnish Wellness has recently undergone a revision in its score, reflecting ongoing challenges in the competitive FMCG sector. The stock has reached a new 52-week low and has been added to MarketsMojo's list, highlighting its significant underperformance compared to the benchmark Sensex over the past year. The company has faced a notable decline in stock price, with consecutive falls contributing to an overall downturn. Currently trading below key moving averages, Rajnish Wellness continues to struggle in the market, prompting a cautious outlook from analysts.
Rajnish Wellness, a microcap player in the FMCG sector, has recently reached a new 52-week low, with its stock price hitting Rs. 1.47 on December 26, 2024. This decline marks a significant downturn for the company, which has seen its stock underperform the sector by 2.5% today. Over the past three days, Rajnish Wellness has experienced a consecutive fall, resulting in an overall decline of 11.83%.

The company's performance over the past year has been particularly challenging, with a staggering decrease of 86.74%. In contrast, the broader market, as represented by the Sensex, has shown resilience with a gain of 10.32% during the same period.

Additionally, Rajnish Wellness is currently trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This trend indicates ongoing struggles in maintaining upward momentum in a competitive market landscape.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News