Rites Ltd.'s Stock Performance Receives 'Strong Sell' Call from MarketsMOJO
Rites Ltd., a midcap company in the railway industry, has been in the news for its stock performance. Despite recent gains and a positive trend in the railway sector, the stock has been given a 'Strong Sell' call by MarketsMojo. It has also shown mixed performance compared to moving averages and the Sensex.
Rites Ltd., a midcap company in the railway industry, has been in the news recently due to its stock performance. According to MarketsMOJO, the stock has been given a 'Strong Sell' call, indicating a negative outlook for investors.
Despite opening with a gain of 4.67% today, Rites Ltd.'s stock has been underperforming in the sector by 5.89%. However, it has shown consecutive gains for the last 2 days, with a rise of 10.87% in that period. The stock also opened with a gap up of 4.67% today and reached an intraday high of Rs 310, which is a significant increase of 12.65%.
In terms of moving averages, Rites Ltd.'s stock is currently higher than the 5-day and 20-day moving averages, but lower than the 50-day, 100-day, and 200-day moving averages. This indicates a mixed trend in the stock's performance.
In the railway sector, Rites Ltd.'s stock has gained by 4.79%, which is a positive sign for the company. Additionally, the stock also has a high dividend yield of 3.29% at the current price.
Comparing Rites Ltd.'s performance to the Sensex, the stock has outperformed the index by 10.45% in the last 1 day and 9.49% in the last 1 month. This is significantly higher than the Sensex's performance of 1.50% and 1.14%, respectively.
Overall, Rites Ltd.'s stock has shown a mixed performance in the recent days, with a 'Strong Sell' call from MarketsMOJO. Investors should carefully consider their options before making any decisions regarding this stock.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
