SEL Manufacturing Company Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO

Nov 22 2024 01:35 PM IST
share
Share Via
SEL Manufacturing Company, a microcap textile company, has hit a 52-week low on November 22, 2024, causing concern among investors. The stock has been on a downward trend for the past two days, with a -5.65% decrease in returns. According to MarketsMojo, the stock has been given a 'Strong Sell' call due to its underperformance compared to the sector and overall market. The stock is currently trading below its moving averages, indicating a continued downward trend. Investors are advised to conduct their own research before investing.


SEL Manufacturing Company, a microcap textile company, has recently hit a 52-week low on November 22, 2024. This news has caused concern among investors as the stock has been on a downward trend for the past two days, with a decrease of -5.65% in returns during this period. The stock is currently trading at Rs.40.53, which is underperforming the sector by -0.81%.

According to MarketsMOJO, a leading stock analysis platform, the stock has been given a 'Strong Sell' call. This is based on the company's performance in the past year, where it has seen a decline of -56.81% compared to the Sensex's positive growth of 18.47%. This indicates that the company has not been able to keep up with the overall market performance.

In addition, SEL Manufacturing Company is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This further reflects the downward trend of the stock and raises concerns for investors.

It is important to note that this news is based on factual data and does not include any external opinions or recommendations. As a microcap company in the textile industry, SEL Manufacturing Company may face challenges in the current market conditions. Investors are advised to do their own research and make informed decisions before investing in the stock.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News