Adcon Capital Services Hits 52-Week Low, Underperforming in Market

Adcon Capital Services, a microcap finance company, has recently hit a 52-week low on June 13, 2024. The stock has been underperforming in the market, with a 'Strong Sell' call by MarketsMOJO. Today, the stock has reached a new low of Rs. 0.68 and has shown a negative return of -5.37% compared to the sector.

In the past two days, Adcon Capital's stock has been on a downward trend, with a fall of -8.11%. The company's performance has been consistently lower than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Adcon Capital Services has shown a negative return of -60.00%, while the Sensex has performed positively with a return of 21.78%. This indicates a significant underperformance by the company in the market.

As a microcap finance company, Adcon Capital Services may be facing challenges in the current economic climate. Investors should carefully consider the company's financial health and performance before making any investment decisions. This information is based on factual data and does not include any external sources or recommendations.