Tarsons Products' Stock Hits 52-Week Low Amidst Underwhelming Performance
Tarsons Products, a smallcap company in the plastic products industry, has seen a dip in its stock price, hitting a 52-week low of Rs. 390.25 on November 18, 2024. MarketsMojo has given a 'Sell' call due to the stock's underwhelming performance, trading below its moving averages and having a negative 1-year performance compared to the Sensex.
Tarsons Products, a smallcap company in the plastic products industry, has recently seen a dip in its stock price. On November 18, 2024, the company's stock hit a 52-week low of Rs. 390.25. This has led to a 'Sell' call by MarketsMOJO, a leading stock market analysis platform.
The stock's performance today has been underwhelming, underperforming the sector by -2.26%. It opened with a gap down of -2.34% and reached an intraday low of Rs. 390.25, a decrease of -3.77%. Additionally, Tarsons Products is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In comparison to the Sensex, Tarsons Products has had a negative 1-year performance of -19.29%, while the Sensex has seen a positive performance of 17.51%. This indicates that the company's stock has not been performing well in the past year.
Despite this recent dip in stock price, Tarsons Products remains a smallcap company in the plastic products industry. It is important to note that this article is not making any recommendations or predictions about the future potential of the company. This information is based on facts and data provided by the company and MarketsMOJO. Investors should conduct their own research and analysis before making any investment decisions.
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