Rossell India Hits 52-Week Low, Underperforms Sector by -4.97%
Rossell India, a microcap company in the tea/coffee industry, has been on a downward trend for the past 11 days and hit a 52-week low on October 28, 2024. It has underperformed the sector by -4.97% and is currently trading lower than its moving averages. According to MarketsMojo, the stock call for Rossell India is 'Strong Sell'.
Rossell India, a microcap company in the tea/coffee industry, has recently hit a 52-week low on October 28, 2024. The stock has been on a downward trend for the past 11 days and has underperformed the sector by -4.97%. Today, the stock opened with a loss of -4.92% and touched an intraday low of Rs 74.35. It has been trading in a narrow range of Rs 0.05.
According to MarketsMOJO, the stock call for Rossell India is 'Strong Sell'. The company's performance in the past year has been -83.58%, while the Sensex has seen a positive growth of 24.84%. This indicates a significant underperformance by Rossell India in comparison to the overall market.
The stock is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which further reflects the downward trend in its performance. This could be a cause for concern for investors.
It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of Rossell India. As a microcap company, Rossell India may be more volatile and carry higher risks for investors. It is always advisable to do thorough research and consult with a financial advisor before making any investment decisions.
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