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

Riddhi Corporate Services, a microcap company in the BPO/ITeS industry, has recently hit a 52-week low on June 26, 2024. According to MarketsMOJO, the stock has been given a 'Strong Sell' call. The stock's performance today has underperformed the sector by -2.43%, with a new 52-week low of Rs.80.

In the past 6 days, the stock has been on a consecutive fall, with a decline of -13.58% in returns. The stock's intraday high was Rs.87.9, showing a 3.5% increase, while the intraday low was Rs.80, indicating a -5.8% decrease.

Riddhi Corporate Services is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This suggests a downward trend in the stock's performance.

In the past year, Riddhi Corporate Services has seen a -63.72% decline in its performance, while the Sensex has shown a 24.99% increase. This indicates a significant underperformance by the company compared to the overall market.

Investors should be cautious when considering investing in Riddhi Corporate Services, as the stock's current performance and market trends do not seem to be in its favor. It is important to do thorough research and consult with a financial advisor before making any investment decisions.