Hilton Metal Forging Hits 52-Week Low, MarketsMOJO Calls for Strong Sell

Hilton Metal Forging, a microcap company in the castings and forgings industry, has recently hit a 52-week low on June 26, 2024. This has led to a "Strong Sell" call by MarketsMOJO.

The stock price of Hilton Metal Forging has been on a downward trend, underperforming the sector by -2.88% on the day of the 52-week low. In fact, the stock has been consistently losing for the past three days, with a total decline of -9.6% during this period. The stock also touched an intraday low of Rs 97.75, which is a decrease of -4.12%.

Currently, Hilton Metal Forging is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the stock.

In comparison to the Sensex performance of 24.57%, Hilton Metal Forging has shown a negative 1-year performance of -40.65%. This further supports the "Strong Sell" call by MarketsMOJO.

Investors and experts are advised to closely monitor the performance of Hilton Metal Forging and consider all factors before making any investment decisions. As of now, the stock is facing a downward trend and it is important to stay updated on any developments in the company and the industry.