IRB InvIT Fund Hits 52-Week Low, Rated as 'Strong Sell' by MarketsMOJO

IRB InvIT Fund, a smallcap company in the miscellaneous industry, has recently hit a 52-week low on October 4th, 2024. The stock has been on a downward trend for the past two days, with a -1.68% return during this period. This decline is in line with the overall performance of the sector.

According to MarketsMOJO, a leading stock analysis platform, the stock is currently rated as a 'Strong Sell'. The current price of IRB InvIT Fund is Rs.61.03, which is the lowest it has been in the past 52 weeks.

In terms of moving averages, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages. This indicates a consistent downward trend in the stock's performance.

Compared to the Sensex, which has shown a 26.50% increase in the past year, IRB InvIT Fund has seen a decline of -12.87%. This further highlights the underperformance of the stock in the market.

Investors should be cautious when considering IRB InvIT Fund as an investment option, as the stock has been consistently declining and is currently rated as a 'Strong Sell' by MarketsMOJO. It is important to do thorough research and analysis before making any investment decisions.