MOJO Stock Ratings See Significant Changes Across Market Caps and Sectors

Jan 09 2024 10:13 AM IST
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On January 8th, 2024, MOJO's stock ratings saw significant changes with 38 downgrades and 40 upgrades. The IT - Software sector had the most upgrades, while the Logistics sector had one downgrade. Notable upgrades include 63 Moons Tech. and Sharda Ispat, while notable downgrades include Blue Cloud Soft. and Whirlpool India. The BSE 500 index had a positive return of 11.3% in the 3-month period.
On January 8th, 2024, the stock ratings for MOJO saw significant changes with 38 stocks being downgraded to Sell and 40 stocks being upgraded to Buy. This shift in ratings was seen across different market caps, with 6 large cap stocks, 10 mid cap stocks, and 12 small cap stocks being upgraded. However, there were no upgrades for micro cap stocks. In terms of downgrades, 4 large cap stocks, 7 mid cap stocks, 10 small cap stocks, and 17 micro cap stocks saw a decrease in their ratings. The IT - Software sector saw the most upgrades, with 5 stocks being upgraded to Buy. On the other hand, the Logistics sector saw 1 stock being downgraded to Strong Sell. Some notable upgrades include 63 Moons Tech., a small cap stock from the IT - Software sector, which saw its rating go from Hold to Buy. This stock also had an impressive 3-month return of 79.68%. Sharda Ispat, a micro cap stock from the Iron and Steel sector, also saw its rating upgraded from Hold to Buy with a 3-month return of 78.99%. Aurionpro Sol., a mid cap stock from the IT - Software sector, also had its rating upgraded from Hold to Buy with a 3-month return of 76.51%. On the other hand, some notable downgrades include Blue Cloud Soft., a small cap stock from the IT - Software sector, which saw its rating go from Hold to Sell with a 3-month return of -23.36%. Whirlpool India, a mid cap stock from the Domestic Appliances sector, also had its rating downgraded from Hold to Sell with a 3-month return of -17.27%. MTAR Technologie, a mid cap stock from the Engineering sector, also saw its rating go from Hold to Sell with a 3-month return of -14.0%. Overall, the BSE 500 index saw a return of 11.3% in the 3-month period, indicating a positive trend in the market. These changes in stock ratings for MOJO highlight the constant fluctuations in the stock market and the importance of staying updated on the latest changes. Investors should carefully consider these rating changes before making any investment decisions.

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