Rossell India's Stock Hits 52-Week Low, Underperforming Sector by -4.58%
Rossell India, a microcap company in the tea/coffee industry, has been on a downward trend for the past 7 days, with a significant -80.36% decrease in returns. Today, the stock opened with a loss of -4.97% and touched an intraday low of Rs 122.35. The company's stock price has been consistently falling and is currently trading below its moving averages, indicating a bearish sentiment in the market.
Rossell India, a microcap company in the tea/coffee industry, has recently hit a 52-week low on September 30, 2024. The stock has been underperforming the sector by -4.58% and has been on a downward trend for the past 7 days, with a significant -80.36% decrease in returns during this period. Today, the stock opened with a loss of -4.97% and touched an intraday low of Rs 122.35.
The company's stock price has been consistently falling, and it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bearish sentiment in the market towards Rossell India.
In comparison to the Sensex performance of 29.25%, Rossell India's one-year performance has been -76.26%. This further highlights the company's struggles in the 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 Rossell India's stock. Investors should conduct their own research and analysis before making any investment decisions.
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