Super Sales India Hits 52-Week Low Amid Sustained Downward Trend in Textile Sector
Super Sales India, a microcap textile company, recently hit a 52-week low, with its stock price showing a downward trend. The stock has underperformed its sector and experienced a consecutive decline over three days. Additionally, it is trading below multiple moving averages and has seen a significant year-over-year decline.
Super Sales India, a microcap player in the textile sector, has recently reached a 52-week low, with its stock price dropping to Rs 1040.25 on January 21, 2025. Currently, it is approximately 3.68% above this low point. The stock has been on a downward trend, underperforming its sector by 1.74% today, and has seen a consecutive decline over the past three days, resulting in an overall drop of 8.47% during this period.On the same day, Super Sales India recorded an intraday high of Rs 1136.9, reflecting a 2.33% increase, while it also hit an intraday low of Rs 1080, marking a decrease of 2.79%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trajectory. Over the past year, the company's performance has declined by 29.51%, contrasting sharply with the Sensex, which has seen a growth of 6.80% during the same timeframe.
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