Cello World Hits 52-Week Low Amidst Ongoing FMCG Sector Challenges

Jan 14 2025 10:35 AM IST
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Cello World, a midcap FMCG company, has reached a new 52-week low, with its stock declining for eight consecutive days. The company has underperformed its sector and is trading below key moving averages. Over the past year, Cello World has seen a significant decline, contrasting with broader market gains.
Cello World, a midcap player in the fast-moving consumer goods (FMCG) sector, has reached a new 52-week low, with its stock price hitting Rs. 685 on January 14, 2025. This decline marks a significant downturn for the company, which has seen its stock fall consecutively over the past eight days, resulting in a total drop of 10.3%.

In terms of market performance, Cello World has underperformed its sector by 0.45% today. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past year, Cello World has experienced a decline of 23.56%, contrasting sharply with the Sensex, which has gained 5.56% during the same period. The company is facing notable challenges in the competitive FMCG landscape, impacting its overall market position and performance indicators.
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