National General Industries Hits 52-Week Low, Receives 'Strong Sell' Rating

Mar 14 2024 03:05 PM IST
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National General Industries, a microcap company in the iron and steel industry, has hit a 52-week low and has been given a 'Strong Sell' rating by MarketsMojo. The stock has underperformed the sector and is currently trading below its moving averages, indicating a bearish trend. In the past year, the stock has seen a decline while the Sensex has shown positive growth. Investors should conduct their own research before making any investment decisions.

National General Industries, a microcap company in the iron and steel industry, has recently hit a 52-week low on March 14, 2024. According to MarketsMOJO, the stock has been given a 'Strong Sell' rating.

The stock opened today with a gain of 3.68%, but has underperformed the sector by -5.73%. It has also been on a downward trend for the past four days, with a decrease of -15.32% during this period. The stock's intraday high was Rs 69.5, while the low was Rs 63.5.

Natl. Gen. Inds. is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bearish trend for the stock.

In the past year, National General Industries has seen a decline of -36.50%, while the Sensex has shown a positive growth of 26.15%.

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 about the future potential of the company. Investors should conduct their own research and analysis before making any investment decisions.
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