Sheela Foam Ltd. Hits 52-Week Low, Underperforms Sector and Sensex Performance

Sheela Foam Ltd., a midcap company in the consumer durables industry, has recently hit a 52-week low on October 25, 2024. The stock has been given a 'Sell' call by MarketsMOJO, indicating a negative sentiment towards the company's performance.

The stock price of Sheela Foam Ltd. has reached a new low of Rs. 831.1, which is also an all-time low for the company. Today's performance has underperformed the sector by -0.27%. The stock has been on a downward trend for the past 5 days, with a fall of -6.49% in returns during this period.

In terms of moving averages, Sheela Foam Ltd. is currently trading below the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bearish trend for the stock.

When compared to the Sensex performance, Sheela Foam Ltd. has shown a negative 1-year performance of -25.35%, while the Sensex has shown a positive performance of 24.47%. This further highlights the underperformance of the company in the market.

It is important to note that this article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative tone for readers who are interested in the current performance of Sheela Foam Ltd. in the stock market. As always, it is recommended to do your own research and consult with a financial advisor before making any investment decisions.