RSWM Hits 52-Week Low Amid Broader Market Gains, Signals Sector Challenges Ahead

Jan 28 2025 09:36 AM IST
share
Share Via
RSWM, a microcap textile company, reached a new 52-week low today, reflecting a significant decline over the past year. While it outperformed its sector slightly, the stock is trading below its moving averages, indicating ongoing challenges. Stakeholders are watching its financial metrics for potential recovery strategies.
RSWM, a microcap player in the textile industry, has experienced significant activity today, reaching a new 52-week low of Rs. 159.05. This decline marks a notable point in the stock's performance, particularly as it has underperformed the broader market over the past year, with a decrease of 24.89% compared to the Sensex's gain of 7.00%.

Despite today's performance, RSWM managed to outperform its sector by 0.42%. However, the stock is currently trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This trend indicates ongoing challenges for the company in maintaining upward momentum.

As RSWM navigates these market conditions, stakeholders will be closely monitoring its financial metrics and overall market position to gauge potential recovery strategies. The textile industry continues to face its own set of challenges, and RSWM's performance will be pivotal in understanding broader trends within this sector.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News