Sula Vineyards Stock Hits 52-Week Low, MarketsMOJO Issues 'Sell' Call

Oct 21 2024 04:25 PM IST
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Sula Vineyards, a smallcap company in the breweries and distilleries industry, has been experiencing a decline in its stock price. On October 21, 2024, the stock reached its 52-week low and has been underperforming the sector. It has also been on a consecutive fall for the last 3 days and is currently trading below its moving averages. In the past year, the company's performance has been significantly lower compared to the overall market. Investors and experts are advised to closely monitor the company's financials and market trends before making any decisions.

Sula Vineyards, a smallcap company in the breweries and distilleries industry, has recently seen a decline in its stock price. On October 21, 2024, the stock touched its 52-week low, with a close of 3.87% away from its low of Rs 405.3. This has led to a 'Sell' call by MarketsMOJO.

The stock has been underperforming the sector, with a -1.43% difference in performance today. It has also been on a consecutive fall for the last 3 days, with a -5.44% return in this period. The stock's intraday low was Rs 419.2, a decrease of -3.59%.

Sula Vineyards is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price.

In the past year, Sula Vineyards has seen a -12.11% performance, while the Sensex has seen a 24.09% performance. This shows a significant difference in the company's performance compared to the overall market.

Investors and experts are advised to closely monitor the performance of Sula Vineyards and make informed decisions based on the company's financials and market trends.
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