Shiva Cement's Stock Hits 52-Week Low, Declines -9.18% in One Day: MarketsMOJO

Shiva Cement, a smallcap company in the cement industry, has been facing a downward trend in its stock performance. On April 12, 2024, the company's stock lost -9.18%, making it a 'Strong Sell' according to MarketsMOJO.

The stock has been on a consecutive fall for the past 5 days, with a total decline of -9.5% during this period. Today, it hit a new 52-week low of Rs.38.65, underperforming the sector by -4.14%. The stock also showed high volatility, with an intraday volatility of 8.67%.

Shiva Cement's stock 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, the company's stock performance has been significantly lower, with a -9.18% decline in just one day, while the Sensex only saw a -1.06% decline.

Over the past month, Shiva Cement's stock has declined by -2.16%, while the Sensex has seen a positive growth of 0.78%. This further highlights the underperformance of the company's stock in the market.

Investors and experts are advised to closely monitor the stock's performance and consider all factors before making any investment decisions. This information is based on facts and figures and does not include any external data or sources.