Rajnish Wellness Hits 52-Week Low, Underperforms Sector by -4.95%

Rajnish Wellness, a microcap FMCG company, has recently hit a 52-week low on October 30, 2024. The stock has been underperforming the sector by -4.95% and has been on a downward trend for the past two days, with a fall of -14.17% in returns during this period. The current stock price is Rs.2.18, which is the lowest it has been in the past year.

According to MarketsMOJO, a leading stock analysis platform, the stock call for Rajnish Wellness is 'Sell'. The company's performance in the past year has been -79.04%, while the Sensex has seen a positive growth of 24.79%. This indicates a significant underperformance by Rajnish Wellness in comparison to the overall market.

Rajnish Wellness operates in the FMCG industry and is classified as a microcap company. The company's stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which further reflects its poor performance 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 not intended to provide any recommendations or predictions about the future potential of Rajnish Wellness or its stock. Investors are advised to conduct their own research and analysis before making any investment decisions.