VXL Instruments Hits 52-Week Low, Underperforming Market by -54.09% in Past Year

Jun 13 2024 10:35 AM IST
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VXL Instruments, a microcap IT hardware company, has hit a 52-week low on June 13, 2024, with a consecutive fall of -24.19% in returns over the past 15 days. This has led to a 'Strong Sell' call by MarketsMojo. The stock is currently trading below its moving averages and has underperformed the sector and overall market in the past year. Investors are advised to do their own research before investing.


VXL Instruments, a microcap IT hardware company, has recently hit a 52-week low on June 13, 2024. The stock has been on a downward trend for the past 15 days, with a consecutive fall of -24.19% in returns during this period. This has led to a 'Strong Sell' call by MarketsMOJO.

On June 13, the stock hit a new low of Rs.3.98, underperforming the sector by -3.4%. VXL Instruments 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, VXL Instruments has seen a decline of -54.09% in its performance, while the Sensex has shown a growth of 21.67%. This further highlights the underperformance of the company in comparison to the overall market.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of VXL Instruments. As a microcap company in the IT hardware industry, VXL Instruments may face challenges in the current market conditions. Investors are advised to do their own research and make informed decisions before investing in the stock.
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