November 22, 2024
TruCap Finance Hits 52-Week Low, Underperforms in NBFC Industry #IndustryFinance

TruCap Finance Hits 52-Week Low, Underperforms in NBFC Industry #IndustryFinance

CashNews.co

TruCap Finance, a microcap finance company, has been underperforming in the finance/NBFC industry with a ‘Sell’ call by MarketsMojo. The stock has hit a 52-week low and is currently trading below its moving averages. In the past year, it has shown a negative performance compared to the Sensex. Investors should conduct thorough research before making any decisions.

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TruCap Finance, a microcap finance company, has recently hit a 52-week low on October 10, 2024. The stock has been underperforming in the finance/NBFC industry, with a ‘Sell’ call by MarketsMOJO. Today, the stock touched an intraday low of Rs 24.91, a decrease of 4.3%.

In the past 6 days, TruCap Finance has been on a consecutive fall, with a decline of 20.38% in returns. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance of 23.69%, TruCap Finance has shown a negative 1-year performance of -61.27%. This indicates a significant underperformance by the company in the market.

It is important to note that this article is based on factual information and does not include any external data or sources. TruCap Finance’s current stock performance may be a cause for concern for investors, but it is important to conduct thorough research and analysis before making any investment decisions.