Sanmit Infra Hits 52-Week Low, Underperforms Market with 'Sell' Call by MarketsMOJO

Sanmit Infra, a microcap real estate company, has recently hit a 52-week low on March 22, 2024. The stock has been underperforming in the market, with a 'Sell' call by MarketsMOJO. The current price of the stock is Rs.12.62, which is the lowest it has been in the past year.

In today's trading, Sanmit Infra has underperformed the sector by -4.17%. This is the second consecutive day that the stock has been losing, with a -8.16% return in this period. The company's moving averages also show a downward trend, with the stock trading below the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Sanmit Infra has seen a significant decline in its performance, with a -78.92% return. In comparison, the Sensex has shown a positive return of 24.16%. This indicates that the company has not been able to keep up with the overall market performance.

Despite the current low price of Sanmit Infra's stock, it is important to note that this article is not making any recommendations or predictions about the future potential of the company. It is simply stating the facts and figures based on the current market data. Investors are advised to do their own research and make informed decisions before investing in any stock.