Rossell India Hits 52-Week Low Amidst Ongoing Market Challenges in Tea/Coffee Sector

Jan 27 2025 10:05 AM IST
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Rossell India, a microcap in the Tea/Coffee sector, has hit a new 52-week low, reflecting significant volatility and underperformance compared to its sector. The stock has seen a notable decline over the past year, contrasting sharply with broader market trends, indicating ongoing challenges for the company.
Rossell India, a microcap player in the Tea/Coffee industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 68.21. This decline marks a notable underperformance, as the stock has lagged behind its sector by 3.24%. Over the past two days, Rossell India has seen a consecutive drop, accumulating a total return loss of 4.44%.

The stock's intraday performance also reflected weakness, hitting a low of Rs. 68.21, which represents a decrease of 3.93% for the day. In terms of technical indicators, Rossell India is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a persistent downward trend.

Over the past year, Rossell India has faced substantial challenges, with a staggering decline of 84.78%, contrasting sharply with the Sensex's positive performance of 7.29%. This stark difference highlights the difficulties faced by the company in the current market environment.
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