Shri Dinesh Mills Hits 52-Week Low, Underperforms Market with 'Sell' Call by MarketsMOJO

Shri Dinesh Mills, a microcap textile company, has recently hit a 52-week low on September 11, 2024. The stock has been underperforming in the market, with a 'Sell' call by MarketsMOJO. The current price of the stock is Rs.449.95, which is the new 52-week low.

In today's trading session, Shri Dinesh Mills has underperformed the sector by -0.76%. This is the second consecutive day of losses for the stock, with a decline of -2.81% in the past two days. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Despite the recent decline in stock price, Shri Dinesh Mills offers a high dividend yield of 6.54% at the current price. However, the company's 1-year performance has been negative, with a decline of -10.62% compared to the Sensex's positive performance of 21.45%.

Investors should be cautious when considering Shri Dinesh Mills as an investment option, as the stock has been on a downward trend and has not shown any signs of improvement. It is important to do thorough research and analysis before making any investment decisions.