Shrydus Industries Hits 52-Week Low Amidst Ongoing Market Challenges

Jan 23 2025 10:35 AM IST
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Shrydus Industries, a microcap in the finance and NBFC sector, has hit a new 52-week low, reflecting significant challenges over the past year with a 50.10% decline. The stock has consistently underperformed its sector and is trading below multiple moving averages, indicating ongoing difficulties in the market.
Shrydus Industries, a microcap player in the finance and non-banking financial company (NBFC) sector, has reached a new 52-week low of Rs. 10.16 today, marking a significant downturn. The stock has underperformed its sector by 2.76% and has seen a total decline of 7.64% over the past four days.

Over the last year, Shrydus Industries has faced considerable challenges, with a staggering decrease of 50.10%, in stark contrast to the Sensex's gain of 8.94%. Currently, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a persistent downward trend. These performance indicators reflect the ongoing difficulties the company is encountering in the current market landscape.
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