Sheela Foam Ltd. Hits 52-Week Low, Underperforms Sector with -3.84% Decrease.

Sheela Foam Ltd., a midcap company in the consumer durables industry, has recently hit a 52-week low on October 22, 2024. The stock has been underperforming the sector, with a -0.38% difference in performance today. This marks the second consecutive day of losses for the company, with a -3.84% decrease in returns during this period. The stock price of Sheela Foam Ltd. reached an intraday low of Rs 855.05, a decrease of -2.29%. The company's performance has been consistently lower than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In comparison to the Sensex performance of 23.48%, Sheela Foam Ltd. has seen a -23.67% decrease in the past year. MarketsMOJO has given a 'Sell' call for the stock. This news may be concerning for investors, but it is important to note that this is just one aspect of the company's performance. It is always recommended to do thorough research and consult with a financial advisor before making any investment decisions.