Smallcap Company Apcotex Industries Sees Dip in Stock Price, 'Strong Sell' Call by MarketsMOJO

Apcotex Industries, a smallcap company in the rubber products industry, has recently seen a dip in its stock price. On November 13, 2024, the company's stock touched a 52-week low, trading at Rs 380.9. This has led to a 'Strong Sell' call by MarketsMOJO.

The stock is currently 0.9% away from its 52-week low, and has outperformed the sector by 2.11% in today's trading. However, it has been on a downward trend for the past 3 days, with a fall of -3.48% in returns during this period. Apcotex Industries is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, Apcotex Industries has had a negative performance of -26.97% in the past year, while the Sensex has seen a positive growth of 19.65%. This indicates a significant underperformance by the company.

Despite these recent developments, it is important to note that this article is not making any recommendations or predictions about the future potential of Apcotex Industries. It is simply presenting the facts and figures of the company's current performance in a neutral and informative tone. Investors and experts should conduct their own research and analysis before making any decisions regarding this stock.