Riddhi Corporate Services Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO

Riddhi Corporate Services, a microcap company in the BPO/ITeS industry, has recently hit a 52-week low in its stock price. On June 12, 2024, the stock price reached a low of Rs. 81, which is a significant decrease from its previous high.

According to MarketsMOJO, a leading stock analysis platform, the stock has been given a 'Strong Sell' rating. This is due to its underperformance in the sector, with a decrease of -4.56% compared to its peers.

The stock opened today with a gain of 3.03%, but quickly dropped to an intraday low of Rs. 81, a decrease of -3.85%. This shows a volatile trading pattern for Riddhi Corporate Services.

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

In the past year, Riddhi Corporate Services has seen a significant decrease of -61.08% in its stock price, while the Sensex has shown a positive performance of 22.69%. This further highlights the underperformance of the company in the market.

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 BPO/ITeS industry, Riddhi Corporate Services may face challenges in the market, but only time will tell if it can turn its performance around.