Sawaca Business Machines Hits 52-Week Low, Receives Strong Sell Rating from MarketsMOJO

Jul 18 2024 11:35 AM IST
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Sawaca Business Machines, a microcap company in the trading industry, has hit a 52-week low on July 18, 2024, with its stock price reaching Rs. 0.67. The company is underperforming the sector and its moving averages, and has shown a negative 1-year performance compared to the Sensex. Investors should be cautious, given the Strong Sell rating from MarketsMojo.


Sawaca Business Machines, a microcap company in the trading industry, has recently hit a 52-week low on July 18, 2024. This news has caught the attention of investors and analysts, with MarketsMOJO giving the stock a "Strong Sell" rating.

The stock's price has reached a new low of Rs. 0.67, underperforming the sector by -0.73% on the same day. Sawaca Business Machines is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its performance.

In comparison to the Sensex, Sawaca Business Machines has shown a negative 1-year performance of -23.60%, while the Sensex has seen a positive growth of 20.50%. This further highlights the company's struggles in the market.

While the reasons for the stock's decline are not mentioned, investors and traders should take note of the current situation of Sawaca Business Machines. With a "Strong Sell" rating from MarketsMOJO, it is important to carefully consider the risks before making any investment decisions.
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