Shankar Lal Rampal Dye-Chem Hits 52-Week Low, Given Sell Call by MarketsMOJO

Nov 19 2024 09:36 AM IST
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Shankar Lal Rampal Dye-Chem, a microcap company in the trading industry, has hit a 52-week low on November 19, 2024. The stock has been given a Sell call by MarketsMojo and is currently trading below its moving averages. In the past year, the stock has shown negative performance compared to the overall market. Investors should carefully consider this information before making any investment decisions.

Shankar Lal Rampal Dye-Chem, a microcap company in the trading industry, has recently hit a 52-week low on November 19, 2024. According to MarketsMOJO, the stock has been given a "Sell" call. The stock's performance today has been in line with the sector, but it has shown a trend reversal after four consecutive days of falling. The stock's intraday high was Rs. 59.95, a 3.01% increase from its previous close.

Currently, Shankar Lal Rampal Dye-Chem is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a downward trend in the stock's price. However, the trading sector has seen a gain of 2.92%.

In the past year, Shankar Lal Rampal Dye-Chem has shown a negative performance of -42.26%, while the Sensex has shown a positive performance of 18.62%. This shows that the company's stock has not performed well compared to the overall market.

Investors should take note of the recent 52-week low and the "Sell" call given by MarketsMOJO for Shankar Lal Rampal Dye-Chem. It is important to do thorough research and analysis before making any investment decisions.
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