5Paisa Capital's Stock Sees -7.51% Decline, MarketsMOJO Gives 'Hold' Call

Oct 18 2024 10:05 AM IST
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5Paisa Capital, a smallcap finance company, experienced a -7.51% decline in its stock price on October 18, 2024. Despite this, the stock's moving averages are still higher than its 50, 100, and 200 day averages. MarketsMojo has given a 'Hold' call for the stock and investors are advised to hold their positions due to recent volatility.

5Paisa Capital, a smallcap finance company, saw a decline of -7.51% in its stock price on October 18, 2024. This underperformance was noted by MarketsMOJO, who have given a 'Hold' call for the stock.

The stock opened with a loss of -2.14% and touched an intraday low of Rs 537.65, a decrease of -7.64%. This marks the third consecutive day of losses for 5Paisa Capital, with a total decline of -7.77% during this period.

Despite this recent decline, the stock's moving averages are still higher than its 50 day, 100 day, and 200 day moving averages. However, it is currently lower than its 5 day and 20 day moving averages.

In comparison to the Sensex, 5Paisa Capital's performance in the last 1 day and 1 month has been -7.40% and -1.10% respectively, while the Sensex has seen a decline of -0.51% and -2.84% in the same time periods.

Investors and experts are advised to hold their positions on 5Paisa Capital for now, as the stock's performance has been volatile in recent days. It is important to note that this article is based on factual information and does not contain any future potential, investor interest, or expert opinions.
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