R R Kabel Hits 52-Week Low Amidst Ongoing Sector Underperformance

Jan 17 2025 01:05 PM IST
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R R Kabel has reached a new 52-week low, with its stock price at Rs. 1295 on January 17, 2025. The company has underperformed its sector and is trading below key moving averages, reflecting a consistent downward trend and a 10.90% decline over the past year.
R R Kabel, a midcap player in the cable industry, has reached a new 52-week low, with its stock price hitting Rs. 1295 on January 17, 2025. This decline signifies a notable downturn for the company, which has underperformed its sector by 3.29% on the same day.

The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a consistent downward trend. Over the past year, R R Kabel has experienced a decline of 10.90%, in stark contrast to the Sensex, which has gained 7.30% during the same timeframe.

Market observers will be closely monitoring R R Kabel's performance as it faces these challenges moving forward.
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