Shree Digvijay Cement Hits 52-Week Low Amid Broader Market Gains and High Dividend Yield
Shree Digvijay Cement Co. has reached a new 52-week low, declining for four consecutive days and showing limited volatility. The stock's performance over the past year has decreased significantly, contrasting with broader market gains, although the company continues to offer a high dividend yield to shareholders.
Shree Digvijay Cement Co. has experienced significant downward movement, reaching a new 52-week low of Rs. 81 on January 13, 2025. The stock has declined for four consecutive days, totaling a decrease of 5.63%. Trading within a narrow range of Rs. 0.59 indicates limited volatility, while the stock's position below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages reflects a bearish trend.Over the past year, Shree Digvijay Cement's performance has dropped by 23.72%, contrasting with the Sensex's gain of 5.86%. Despite these challenges, the company maintains a high dividend yield of 3.64%, offering some return to shareholders amid the stock's struggles.
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