Shreeji Translogistics Hits 52-Week Low Amidst Ongoing Market Challenges

Jan 13 2025 09:37 AM IST
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Shreeji Translogistics has hit a new 52-week low, with its stock price declining significantly over the past year. The company has struggled, underperforming its sector and experiencing a notable drop in stock value. Current trading levels are below key moving averages, reflecting ongoing market challenges.
Shreeji Translogistics has reached a new 52-week low, with its stock price falling to Rs. 15.2 on January 13, 2025. This decline is part of a broader trend, as the company has underperformed its sector by 2.96% on the same day. Over the past six days, the stock has seen a consecutive decline, totaling 14.85%.

In the past year, Shreeji Translogistics has faced significant challenges, with a staggering decrease of 60.66%, in stark contrast to the Sensex's gain of 5.86%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. These performance indicators highlight the difficulties the company is encountering in the current market landscape.
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