Shristi Infrastructure Development Corp Faces Negative Outlook with 'Strong Sell' Call

Shristi Infrastructure Development Corporation Ltd, a microcap real estate company, has been facing a downward trend in its stock performance. According to MarketsMOJO, the stock has been given a 'Strong Sell' call, indicating a negative outlook for the company.

In the past 8 days, the stock has been declining and has incurred a loss of -14.72% returns. This underperformance is also reflected in today's performance, where the stock has underperformed the sector by -2.2%. The consecutive fall in the stock price for the past 8 days has also been a cause for concern for investors.

The stock opened at 53.71 and has since traded at this price, indicating no significant change in its value. However, the moving averages for the company are higher than the 20 day, 50 day, 100 day, and 200 day moving averages, but lower than the 5 day moving average. This suggests that while the stock has been performing well in the long term, it has been facing some challenges in the short term.

In comparison to the Sensex, Shristi Infrastructure Development Corporation Ltd has underperformed in both the 1 day and 1 month performance. The stock's 1 day performance is -1.99% compared to Sensex's 0.25%, and its 1 month performance is 98.19% compared to Sensex's 3.94%. This further highlights the company's struggles in the current market.

Overall, Shristi Infrastructure Development Corporation Ltd's stock has been on a downward trend and has been given a 'Strong Sell' call by MarketsMOJO. Investors should carefully consider these factors before making any investment decisions.