Worth Investment & Trading Company Hits New 52-Week Low at Rs. 9.92

Worth Investment & Trading Company has reached a new 52-week low, hitting Rs. 9.92 today, marking a significant decline in its stock performance. This microcap non-banking financial company has been on a downward trajectory, underperforming its sector by 10.31% and experiencing a consecutive fall over the past seven days, resulting in a staggering 53.71% drop in returns during this period.
The stock opened with a notable loss of 9.98%, trading at Rs. 9.92 throughout the day. In terms of moving averages, Worth Investment is currently positioned below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a persistent downward trend.

In contrast, the broader market has shown resilience, with the Sensex rising by 0.52% today, moving closer to its 52-week high. However, Worth Investment's performance over the past year has been starkly negative, with a return of -40.26%, significantly lagging behind the Sensex's positive performance of 5.24%. The company's fundamentals, including a low return on equity of 4.9 and a high price-to-book value ratio, contribute to its current market position.