Birla Cable hits 52-week low and receives 'Strong Sell' rating from MarketsMOJO

Birla Cable, a microcap company in the cable industry, has recently hit a 52-week low on November 21, 2024. The stock has been given a 'Strong Sell' rating by MarketsMOJO, indicating a negative outlook for the company.

On the same day, the stock opened with a gain of 3.52% but underperformed the sector by -1.52%. It has also been losing for the last 3 days and has fallen -1.46% in that period. The stock's intraday high was Rs 211.85, showing high volatility with an intraday volatility of 446.29%.

Birla Cable is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price. In the past year, the company's performance has been -27.19%, while the Sensex has shown a positive performance of 16.78%.

It is important to note that this news article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of Birla Cable or its stock. Investors are advised to do their own research and consult with financial experts before making any investment decisions.