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

Riddhi Corporate Services, a microcap company in the BPO/ITeS industry, has recently seen a dip in its stock price. On July 19, 2024, the company's stock hit a 52-week low of Rs. 76.99. This has led to a 'Strong Sell' call by MarketsMOJO.

The stock's performance today has been underwhelming, underperforming the sector by -2.65%. It has also been on a downward trend for the past two days, with a fall of -2.38% during this period. The stock's intraday low was Rs. 76.99, a decrease of -2.58%.

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 indicates a downward trend in the stock's price.

It is worth noting that the company's 1-year performance has been significantly lower at -61.61% compared to the Sensex's performance of 20.93%. This could be a cause for concern for investors.

However, it is important to note that this is a fact-based article and does not include any external data or sources. It is important for investors to conduct their own research and analysis before making any investment decisions.