Riddhi Corporate Services Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO

Riddhi Corporate Services, a microcap BPO/ITeS company, has recently hit a 52-week low on August 6th, 2024. The stock has been given a 'Strong Sell' rating by MarketsMOJO, indicating a negative outlook for the company's performance.

The stock's price summary shows that it has touched a new low of Rs. 72.51 and has outperformed the sector by 1% today. However, it has also gained after two consecutive days of falling. The intraday high for the stock was Rs. 75.99, a 2.86% increase.

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

Compared to the Sensex's performance of 21.13%, Riddhi Corporate Services has seen a negative 59.67% performance in the past year. This indicates a significant underperformance by the company in comparison 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. It is not intended to provide any recommendations or predictions about the future potential of Riddhi Corporate Services. As a microcap company in the BPO/ITeS industry, it is important for investors to carefully consider all available information before making any investment decisions.