SKM Egg Products Hits 52-Week Low Amid Ongoing Market Challenges
SKM Egg Products Export (India) has reached a new 52-week low, reflecting ongoing challenges in the FMCG sector. The stock has faced consecutive losses over the past three days and has underperformed significantly compared to the broader market, with a notable decline over the past year.
SKM Egg Products Export (India) has experienced significant activity today, reaching a new 52-week low of Rs. 181.9. This decline marks a notable moment for the microcap company within the FMCG sector, as it has underperformed its sector by 2.08%. Over the past three days, the stock has faced consecutive losses, accumulating a total decline of 8.8%.Today's trading saw SKM Egg Products touch an intraday low of Rs. 181.9, reflecting a decrease of 3.35% during the session. The stock's performance has been consistently below key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a challenging market position.
In terms of longer-term performance, SKM Egg Products has seen a decline of 31.52% over the past year, contrasting sharply with the Sensex, which has gained 4.61% during the same period. This disparity highlights the ongoing challenges faced by the company in the current market landscape.
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