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

Riddhi Corporate Services, a microcap company in the BPO/ITeS industry, has recently hit a 52-week low on August 19, 2024. This news has been confirmed by MarketsMOJO, who has given a 'Strong Sell' call for the company's stock.

The stock price of Riddhi Corporate Services has reached a new low of Rs. 69.99, as reported today. The company's performance today has underperformed the sector by -3.1%. However, the stock's moving averages are higher than the 5-day moving average, but lower than the 20-day, 50-day, 100-day, and 200-day moving averages.

In the BPO/ITeS sector, Riddhi Corporate Services has gained by 2.28%. However, the company's overall performance in the past year has been disappointing, with a -59.84% decrease, compared to the Sensex's positive performance of 23.90%.

It is important to note that this news is based on factual information and does not include any speculation about the company's future potential or any opinions from investors or experts. As a microcap company, Riddhi Corporate Services may face challenges in the current market conditions, but it is important for investors to make informed decisions based on facts and not just recommendations.