Exxaro Tiles Hits 52-Week Low and Receives 'Strong Sell' Rating from MarketsMOJO

Exxaro Tiles, a microcap company in the ceramics/marble/granite/sanitaryware industry, has recently hit a 52-week low on March 18, 2024. The stock has been given a 'Strong Sell' rating by MarketsMOJO.

On March 18, the stock price reached a new 52-week and all-time low of Rs. 91.45. Today, the stock underperformed the sector by -1.7%. It has been on a downward trend for the past two days and has seen a -3.77% decrease in returns during this period. The stock's intraday high was Rs. 96.3 (2.01%) and its intraday low was Rs. 91.45 (-3.13%).

Exxaro Tiles is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

In the past year, Exxaro Tiles has seen a -14.78% decrease in performance, while the Sensex has seen a 25.45% increase. This suggests that the company has not been able to keep up with the overall market performance.

Investors should be cautious when considering Exxaro Tiles as it has been facing a downward trend and has been given a 'Strong Sell' rating by MarketsMOJO. It is important to do thorough research and consider all factors before making any investment decisions.