After remaining under pressure for five months, can multibagger Rites make a comeback?

Rites, a railway-related stock, has been witnessing severe beating from Dalal Street investors as its losses extended into the fifth straight month in November, losing a cumulative 13% of its value, reaching ₹244.40 apiece.

Though the stock made a sharp reversal in March, ending its prolonged downturn and continuing to trade higher for the next couple of months, it resumed its losing streak in July.