Pritika Auto Industries' Stock Hits 52-Week Low, MarketsMOJO Gives 'Sell' Call

Nov 22 2024 11:05 AM IST
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Pritika Auto Industries, a microcap engineering company, has experienced a decline in its stock price, reaching a 52-week low on November 22, 2024. MarketsMojo has given a 'Sell' call for the stock due to its underperformance and being part of their Hidden Turnaround list. The stock is currently trading below its moving averages and has shown a negative return in the past year compared to the positive return of the Sensex. Investors are advised to conduct their own research before investing.


Pritika Auto Industries, a microcap engineering company, has recently seen a dip in its stock price, hitting a 52-week low on November 22, 2024. The stock has been on a downward trend for the past three days, with a -7.34% return during this period. This underperformance has led MarketsMOJO to give a 'Sell' call for the stock.

According to MarketsMOJO, Pritika Auto Industries is part of their Hidden Turnaround list since November 13, 2024. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

In terms of performance, Pritika Auto Industries has seen a -22.65% return in the past year, while the Sensex has shown a positive return of 17.80%. This further supports the 'Sell' call given by MarketsMOJO.

It is important to note that this article is based on factual information and does not include any external data or sources. As a microcap company in the engineering industry, Pritika Auto Industries may face challenges in the current market conditions. Investors are advised to do their own research and make informed decisions before investing in the stock.
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