TruCap Finance Hits 52-Week Low, Underperforming Sector and Given 'Sell' Call

Oct 14 2024 09:37 AM IST
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TruCap Finance, a microcap finance company, has been underperforming the sector by -4.41% and has hit a 52-week low on October 14, 2024. The stock has been on a downward trend for the past 8 days, with a decrease of -25.92% in returns. According to MarketsMojo, the stock has been given a 'Sell' call and is currently trading below its moving averages. Its 1-year performance is -64.05%, possibly due to market conditions and its size as a microcap in the finance/NBFC industry. Investors should closely monitor the stock's performance and seek professional advice before making any investment decisions.

TruCap Finance, a microcap finance company, has recently hit a 52-week low on October 14, 2024. The stock has been underperforming the sector by -4.41% and has been on a downward trend for the past 8 days, with a decrease of -25.92% in returns during this period. On the same day, the stock touched an intraday low of Rs 23.26, a decrease of -4.12%.

According to MarketsMOJO, the stock has been given a 'Sell' call. TruCap Finance is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

In comparison to the Sensex performance of 23.24%, TruCap Finance has shown a negative 1-year performance of -64.05%. This could be attributed to the current market conditions and the company's size as a microcap in the finance/NBFC industry.

Investors should keep a close eye on TruCap Finance's performance and monitor any changes in the stock's trend. It is important to note that this article is based on factual information and does not include any external data or sources. As always, it is recommended to do thorough research and consult with a financial advisor before making any investment decisions.
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