Kranti Industries hits 52-week low and underperforms sector, receives 'Strong Sell' rating

Kranti Industries, a microcap company in the auto ancillary industry, has recently hit a 52-week low on May 13, 2024. This news comes as the stock has been given a 'Strong Sell' rating by MarketsMOJO.

The stock opened today with a gain of 2.24%, but has underperformed the sector by -4.33%. It has also been on a consecutive fall for the last 2 days, with a -5.65% return during this period. The intraday high for the stock was Rs 72.59, while the intraday low was Rs 65.2, showing high volatility with an intraday range of 5.36%.

Kranti Industries is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a downward trend in the stock's performance.

In the past year, Kranti Industries has seen a -7.94% return, while the Sensex has performed at 17.33%. This further highlights the underperformance of the company's stock.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions, and the tone is neutral and informative. Investors should conduct their own research and analysis before making any investment decisions.