Shri Dinesh Mills Stock Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO

Shri Dinesh Mills, a microcap textile company, has recently seen a dip in its stock price, reaching a 52-week low on November 12, 2024. The stock has been given a 'Strong Sell' rating by MarketsMOJO, indicating a negative outlook for the company.

At the time of writing, the stock is trading at Rs 410, which is 0.94% away from its 52-week low of Rs 406.15. Today, the stock has underperformed the sector by -3.96%, with an intraday low of Rs 410 (-4.87%). The stock is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Despite the recent dip in stock price, Shri Dinesh Mills is offering a high dividend yield of 6.96% at the current price. However, the company's 1-year performance has been negative, with a decline of -17.54% compared to the Sensex's positive performance of 20.56%.

Shri Dinesh Mills is a microcap company in the textile industry. While the company's stock may be facing a downward trend currently, it is important to note that this is not a recommendation or prediction for the future. Investors should always conduct their own research and make informed decisions when it comes to investing in the stock market.