Kaira Can Company Hits 52-Week Low, Receives Strong Sell Rating from MarketsMOJO

Jun 20 2024 03:35 PM IST
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Kaira Can Company, a microcap packaging company, has hit a 52-week low of Rs. 1870 on June 20, 2024, according to MarketsMojo. The stock has a Strong Sell rating and has underperformed the sector by -0.46%. Its moving averages are higher than the 5-day average but lower than the 20-day, 50-day, 100-day, and 200-day averages. In the past year, the company's performance has been -25.16%, while the Sensex has seen a 22.35% increase. Investors should be aware of the volatility and risk associated with microcap companies and do thorough research before investing.

Kaira Can Company, a microcap company in the packaging industry, has recently hit a 52-week low in its stock price. On June 20, 2024, the stock price reached a low of Rs. 1870, according to data from MarketsMOJO. The stock has been given a "Strong Sell" rating by MarketsMOJO.

Today, the stock has underperformed the sector by -0.46%, but opened with a gain of 2%. The intraday high for the stock was Rs. 1980, a 4.21% increase from the opening price. The stock's moving averages are currently higher than the 5-day average, but lower than the 20-day, 50-day, 100-day, and 200-day averages.

In the packaging sector, Kaira Can Company has gained by 2.33%. However, the company's 1-year performance has been -25.16%, while the Sensex has seen a 22.35% increase in the same time period.

It is important to note that this article is not making any recommendations or mentioning any potential for future growth. The information provided is based on facts and data from MarketsMOJO. As a microcap company, Kaira Can Company may be more volatile and risky for investors. It is always important to do thorough research and consult with a financial advisor before making any investment decisions.
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