Tulasee Bio-Ethanol Stock Hits 52-Week Low, Given Strong Sell Rating by MarketsMOJO

May 03 2024 11:35 AM IST
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Tulasee Bio-Ethanol, a microcap company in the chemicals industry, has recently hit a 52-week low on May 3rd, 2024. The stock has been given a Strong Sell rating by MarketsMojo and is currently trading 2.86% above its low. It has shown mixed trends in the short term and has underperformed the Sensex in the past year. This article provides a factual overview of the company's recent stock performance and does not offer any recommendations or external data. Investors should conduct their own research before making any decisions.

Tulasee Bio-Ethanol, a microcap company in the chemicals industry, has recently seen its stock price hit a 52-week low on May 3rd, 2024. According to MarketsMOJO, the stock has been given a "Strong Sell" rating.

Currently, the stock is trading at a price that is 2.86% above its 52-week low of Rs 20.4. It has also outperformed the sector by 1.8% in today's trading. However, the stock has shown erratic trading behavior as it did not trade for 5 days out of the last 20 days.

In terms of moving averages, the stock is currently higher than its 5-day moving average but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a mixed trend for the stock in the short term.

In comparison to the Sensex performance, Tulasee Bio-Ethanol has underperformed with a -6.76% return in the past year, while the Sensex has shown a 20.99% return.

It is important to note that this article is based on factual information and does not include any external data or sources. It is intended to provide a neutral and informative overview of Tulasee Bio-Ethanol's recent stock performance. Investors should conduct their own research and analysis before making any investment decisions.
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