Rossell India Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO
Rossell India, a microcap company in the tea/coffee industry, has hit a 52-week low on October 22, 2024. MarketsMojo has given a 'Strong Sell' call due to the stock's downward trend, underperforming the sector by -2.53% and falling for 7 consecutive days with a -7.97% return. The stock is currently trading below its moving averages and has shown a negative 1-year performance of -80.70%.
Rossell India, a microcap company in the tea/coffee industry, has recently hit a 52-week low on October 22, 2024. This has led to a 'Strong Sell' call by MarketsMOJO, a leading stock market analysis platform. The stock price has been on a downward trend, underperforming the sector by -2.53% and falling for the last 7 consecutive days with a -7.97% return in this period.
On the day of the 52-week low, the stock touched an intraday low of Rs. 94.05, a decrease of -2.03%. Additionally, Rossell India is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.
In comparison to the Sensex performance of 24.28%, Rossell India has shown a negative 1-year performance of -80.70%. This highlights the struggles faced by the company in the past year.
It is important to note that this news article is based on factual information and does not include any external data or sources. It is intended to provide a neutral and informative tone for readers interested in the stock market and the performance of Rossell India.
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