Raj Rayon Industries faces downward trend, receives 'Sell' call from MarketsMOJO

Raj Rayon Industries, a microcap textile company, has been facing a downward trend in its stock performance recently. According to MarketsMOJO, the stock has been given a 'Sell' call, indicating a negative outlook for investors.

In the past five days, the stock has been declining and has incurred a loss of 9.45% returns. Today, it hit a new 52-week low of Rs.17.64. This underperformance is reflected in the stock's performance today, as it has underperformed the sector by 3.24%.

The stock has been on a consecutive fall for the past five days, with a decline of 9.45% in returns. This is further supported by the fact that Raj Rayon Industries is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, Raj Rayon Industries has not fared well in terms of performance. Its 1-day performance is -1.95% while the Sensex has shown a positive performance of 0.25%. Similarly, in the past month, the stock has seen a decline of 33.81% while the Sensex has shown a positive performance of 3.94%.

Overall, Raj Rayon Industries' stock has been on a downward trend and has not been performing well in comparison to the market. Investors should take note of the 'Sell' call given by MarketsMOJO and make informed decisions regarding their investments in the company.