Rajnish Wellness hits 52-week low, underperforms sector and Sensex

Rajnish Wellness, a microcap FMCG company, has recently hit a 52-week low on October 25th, 2024. The stock has been underperforming in the market, with a 'Sell' call by MarketsMOJO. The current price of the stock is Rs.2.54, which is the lowest it has been in the past year. In today's trading session, Rajnish Wellness has underperformed the sector by -7.37%. This is the second consecutive day that the stock has been losing, with a -16.13% return in this period. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend. In comparison to the Sensex, Rajnish Wellness has had a poor performance in the past year, with a -77.21% return. This is significantly lower than the Sensex's performance of 25.04% in the same period. Rajnish Wellness is a microcap company in the FMCG industry. While the stock may be currently facing challenges, it is important to note that this is not a reflection of the company's potential or future prospects. Investors are advised to do their own research and make informed decisions before investing in any stock.