Posted On: September 14, 2023

Stock Report: RUPA(NSE) 13 Sep 2023

Outlook: Bearish

Sector: Consumer Cyclical

Industry: Apparel Manufacturing

Rupa & Co Ltd is an Indian company which produces knitted garments from innerwear to casual wear. The company uses finest yarns sourced from across the globe and imported technology for dyeing and bleaching to maintain quality standards to produce finished products. Its products include sportswear, gym wear, swimwear, and premium innerwear. The company markets its products under the brand name of Frontline, Euro, Bumchums, Jon, Torrido, Thermocot, Microman, and Softline. It manages its business in a single operating segment as Hosiery products. The company earns the majority of its revenue from India.

#xCalData predicts that # RUPA will continue its bearish phase over the next five days and trend within the range of 262 to 284.    

In comparison to the previous month, the price of the stock has experienced a decline of 4.18% indicating a bearish.

 
The Stock has doubled once since 07 May 2015 and took an average of 0.0 years to double. 

The stock has shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 4 years in the past. 

Majority of the technical ratios trend towards Bearish side of the spectrum. Only some of the technical indicators namely OBV indicate Bullish view. 

Collectively, xCalData suggests the stock would be in Bearish zone for next 5 days. 

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

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