Sterlite Technologies Hits 52-Week Low, Investors Advised to Monitor Performance
Sterlite Technologies, a smallcap company in the cable industry, has hit a 52-week low on March 26, 2024, causing concern among investors. The stock has been on a downward trend, underperforming the sector by -1.51%. It is currently trading below its moving averages and has shown a negative 1-year performance of -24.14%. Investors should closely monitor the company's performance in the current market conditions.
Sterlite Technologies, a smallcap company in the cable industry, has recently hit a 52-week low on March 26, 2024. This news has caused concern among investors and has led to a 'Strong Sell' call by MarketsMOJO.
The stock price of Sterlite Technologies has been on a downward trend, with the latest low being Rs.114.95. Today, the stock underperformed the sector by -1.51%. This is a significant drop from the previous two days where the stock had consecutive gains.
The stock's intraday low was Rs.114.95, a decrease of -2.58%. Additionally, Sterlite Technologies 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 performance of 26.09%, Sterlite Technologies has shown a negative 1-year performance of -24.14%. This further highlights the struggles of the company in the current market.
While the reasons for the stock's decline are not mentioned, investors should keep a close eye on Sterlite Technologies and its performance in the coming days. With the current market conditions, it is important to make informed decisions and stay updated on the latest news and trends in the industry.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
