Riddhi Corporate Services Hits 52-Week Low, Underperforms Sector and Sensex.

Riddhi Corporate Services, a microcap company in the BPO/ITeS industry, has recently hit a 52-week low on October 30, 2024. This news has been confirmed by MarketsMOJO, who have given a 'Sell' call for the company's stock.

The stock price of Riddhi Corporate Services has fallen to Rs.58.55, which is its lowest point in the past year. Today's performance has also been underwhelming, as the stock has underperformed the sector by -1.28%. This marks a trend reversal for the company, as it has fallen after two consecutive days of gains.

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

When compared to the overall performance of the Sensex, Riddhi Corporate Services has not fared well in the past year, with a -59.30% decrease in its stock price. In contrast, the Sensex has seen a 25.24% increase in the same time period.

It is important to note that this article 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 BPO/ITeS industry, but only time will tell how it will perform in the market.