Shankar Lal Rampal Dye-Chem Ltd Hits 52-Week Low, Underperforms Sector

Shankar Lal Rampal Dye-Chem Ltd, a microcap trading company, has recently hit a 52-week low on November 14, 2024. The stock has been underperforming the sector by -0.85% and has been on a downward trend for the past three days, with a decrease of -7.01% in returns during this period. However, the stock opened with a gain of 3.06% today and reached an intraday high of Rs 63.9.

The stock has shown high volatility today, with an intraday volatility of 6.23%. This is calculated from the weighted average price. Shankar Lal Rampal Dye-Chem Ltd is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, the stock has seen a decline of -41.64%, while the Sensex has shown a positive performance of 19.99%. This indicates that the stock has not been performing well compared to the overall market.

MarketsMOJO has given a 'Sell' call for Shankar Lal Rampal Dye-Chem Ltd, advising investors to be cautious with their investments in this stock. With the recent 52-week low and underperformance in the sector, investors may want to carefully consider their options before investing in this microcap company.