Tulasee Bio-Ethanol Hits 52-Week Low, Given 'Strong Sell' Call by MarketsMOJO
Tulasee Bio-Ethanol, a microcap chemicals company, hit a 52-week low on May 7th, 2024 and has been given a 'Strong Sell' call by MarketsMojo. The stock has underperformed the sector by -2.62% and is trading below its moving averages. The company has had a negative 1-year performance of -11.19%, indicating a significant underperformance in the market. Investors and experts are advised to exercise caution due to potential risks.
Tulasee Bio-Ethanol, a microcap company in the chemicals industry, has recently hit a 52-week low on May 7th, 2024. According to MarketsMOJO, the stock has been given a 'Strong Sell' call. The stock's performance today has underperformed the sector by -2.62%, with the price hitting a new low of Rs.18.65.
In the past 20 days, the stock has not traded for 4 days, indicating erratic trading. Tulasee Bio-Ethanol is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The chemicals sector as a whole has also seen a decline of -2.42%.
Compared to the Sensex performance of 20.40%, Tulasee Bio-Ethanol has had a negative 1-year performance of -11.19%. This indicates a significant underperformance by the company in the market.
Investors and experts are advised to exercise caution when considering Tulasee Bio-Ethanol as an investment option. The company's current performance and market trends suggest a potential risk for investors. This news is based on factual information and does not include any external data or sources.
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