Riddhi Corporate Services Hits 52-Week Low, Given Sell Call by MarketsMOJO

Oct 25 2024 10:05 AM IST
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Riddhi Corporate Services, a microcap company in the BPO/ITeS industry, has hit a 52-week low and has been given a Sell call by MarketsMojo. The stock has underperformed the sector by -6.94% and has seen a decline of -53.72% in the past year. It is currently trading below its moving averages and has shown high volatility today. This is not a recommendation to buy or sell the stock.

Riddhi Corporate Services, a microcap company in the BPO/ITeS industry, has recently hit a 52-week low on October 25th, 2024. According to MarketsMOJO, the stock has been given a "Sell" call. The stock opened today with a gain of 3.02%, but has underperformed the sector by -6.94%. This is the second consecutive day that the stock has been losing, with a fall of -11.93% in the past two days.

The stock's performance today has been highly volatile, with an intraday volatility of 5.1%. It touched an intraday high of Rs 65.9 (3.02%) and an intraday low of Rs 59.5 (-6.99%). Riddhi Corporate Services is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Riddhi Corporate Services has seen a decline of -53.72%, while the Sensex has seen a positive performance of 24.47%. This indicates a significant underperformance by the company compared to the overall market.

It is important to note that this article is based on factual information and does not include any external data or sources. This is not a recommendation to buy or sell the stock, and any investment decisions should be made after thorough research and analysis.
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