Sahara Housing Fina Corporation Hits 52-Week Low, MarketsMOJO Calls for 'Strong Sell'

Mar 28 2024 11:05 AM IST
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Sahara Housing Fina Corporation, a microcap company in the finance-housing industry, has hit a 52-week low on March 28, 2024. MarketsMojo has given it a 'Strong Sell' call due to its underperformance in the sector, with a -6.38% difference today and a total decline of -14.96% in the past four days. The stock is currently trading below all its moving averages, indicating a bearish trend. Investors should exercise caution and seek professional advice before considering this stock as an investment option.

Sahara Housing Fina Corporation, a microcap company in the finance-housing industry, has recently hit a 52-week low on March 28, 2024. This has led to a 'Strong Sell' call by MarketsMOJO.

The stock has been underperforming the sector, with a -6.38% difference in performance today. It has also been on a downward trend for the past four days, with a total decline of -14.96% during this period. The stock's intraday high was Rs 40.39, while the intraday low was Rs 37.05.

Sahara Housing is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. In the past year, the company's performance has been -11.51%, while the Sensex has seen a growth of 28.07%.

Investors should be cautious when considering Sahara Housing Fina Corporation as an investment option, as the stock has been on a downward trend and is currently trading at a 52-week low. It is important to do thorough research and consult with a financial advisor before making any investment decisions.
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