Rossell India's Stock Hits 52-Week Low, Underperforms Sector by -3.88%

Oct 03 2024 09:36 AM IST
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Rossell India, a microcap company in the tea/coffee industry, has been on a downward trend for the past 9 days and hit a 52-week low on October 3rd, 2024. The stock has underperformed the sector by -3.88% and is currently trading below its moving averages. Its 1-year performance has been -79.24%, indicating significant underperformance. MarketsMojo has given a 'Sell' call for the stock, but this is not a recommendation. Investors should carefully consider all available information before making any decisions.

Rossell India, a microcap company in the tea/coffee industry, has recently hit a 52-week low on October 3rd, 2024. The stock has been on a downward trend for the past 9 days and has underperformed the sector by -3.88%. Today, the stock opened with a loss of -4.99% and touched an intraday low of Rs 110.45.

The company's stock has been consistently falling, with a -82.27% return in the past 9 days. It is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bearish trend for the stock.

In comparison to the Sensex performance of 27.81%, Rossell India's 1-year performance has been -79.24%. This shows a significant underperformance by the company's stock.

MarketsMOJO has given a 'Sell' call for Rossell India's stock. However, it is important to note that this is not a recommendation and should not be considered as such. This information is based on factual data and does not include any external sources or expert opinions.

Investors should carefully consider all available information before making any decisions regarding Rossell India's stock. As a microcap company in the tea/coffee industry, it is important to closely monitor the company's performance and market trends before making any investment decisions.
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