Sreeleathers Hits New Low Amid Ongoing Downward Trend in Trading Sector

Feb 28 2025 01:35 PM IST
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Sreeleathers, a microcap trading company, has reached a new 52-week low, reflecting a significant decline over the past year. The stock has underperformed its sector and is trading below multiple moving averages, indicating ongoing challenges in the market. Recent trading shows a consecutive fall over two days.
Sreeleathers, a microcap company in the trading industry, has experienced significant activity today, reaching a new 52-week low of Rs. 221.6. This decline marks a notable moment for the stock, which has underperformed its sector by 1.69%. Over the past two days, Sreeleathers has seen a consecutive fall, with a total decline of 3.76% during this period.

Intraday trading revealed a low of Rs. 221.6, reflecting a decrease of 2.89% from the previous close. The stock's performance over the past year has been challenging, with a decline of 28.96%, contrasting sharply with the Sensex, which has gained 1.27% in the same timeframe.

Additionally, Sreeleathers 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 stock's current market position and the challenges it faces in the trading sector.
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