Remedium Lifecare Hits 52-Week Low, MarketsMOJO Gives 'Sell' Call for Stock

Oct 16 2024 11:35 AM IST
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Remedium Lifecare, a microcap company in the trading industry, has hit a 52-week low on October 16, 2024, according to MarketsMojo's 'Sell' call. The stock has reached a new low of Rs. 7.74 and has been on a downward trend for the past 5 days. It is currently trading below its moving averages and has seen a significant decrease in performance compared to the industry and Sensex. Investors should carefully consider all available information before making any investment decisions.


Remedium Lifecare, a microcap company in the trading industry, has recently hit a 52-week low on October 16, 2024. This news has been confirmed by MarketsMOJO, who has given a 'Sell' call for the stock.

The stock's price summary shows that it has reached a new 52-week and all-time low of Rs. 7.74, with a performance today that has outperformed the sector by 0.83%. However, the stock has been on a downward trend for the past 5 days, with a decrease of -12.67% in returns during this period. Additionally, Remedium Lifecare is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In terms of sector performance, trading has fallen by -2.22%, indicating a general decline in the industry. Looking at the company's 1-year performance, it has seen a significant decrease of -72.69%, while the Sensex has shown a positive performance of 23.21%.

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 Remedium Lifecare or its stock. As a microcap company, it is important for investors to carefully consider all available information before making any investment decisions.
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