Satin Creditcare Network Hits 52-Week Low, Underperforming in Market

Satin Creditcare Network, a smallcap finance company, has recently hit a 52-week low on November 13, 2024. The stock has been underperforming in the market, with a 'Strong Sell' call by MarketsMOJO.

On November 13, the stock touched a new low of Rs.148.35, with a -0.68% underperformance compared to the sector. This marks the fifth consecutive day of losses for Satin Creditcare, with a decline of -10.36% in this period. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Satin Creditcare has seen a negative return of -43.11%, while the Sensex has shown a positive return of 21.03%. This indicates a significant underperformance by the company in the market.

Despite these numbers, it is important to note that this is not a recommendation to buy or sell the stock. It is simply a fact-based update on the current performance of Satin Creditcare Network in the market. As a smallcap finance company, it is facing challenges in the current market conditions, but it is important to keep an eye on its future performance.