D P Wires Experiences Revision in Score Amidst Ongoing Market Challenges and Declining Performance

D P Wires, a microcap player in the Steel/Sponge Iron/Pig Iron industry, has recently experienced a revision in its score by MarketsMOJO. This adjustment comes as the stock has been facing challenges, including a notable decline in its performance over the past year, with a decrease of nearly 43%. In contrast, the broader market, represented by the Sensex, has shown a positive performance of nearly 8% during the same period.
As of January 10, 2025, D P Wires' stock price is hovering close to its 52-week low, reflecting ongoing struggles in the market. The stock has underperformed its sector, despite a slight outperformance today. Additionally, it has been on a downward trend, with consecutive losses over the last two days.

The company's moving averages indicate a bearish trend, as D P Wires is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In light of these factors, D P Wires has been added to MarketsMOJO's list, highlighting the need for investors to closely monitor its performance amidst the current market conditions.