Allcargo Gati's Stock Sees -7.09% Decline After 'Strong Sell' Call by MarketsMOJO

Jul 02 2024 09:30 AM IST
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On July 2nd, 2024, Allcargo Gati, a smallcap logistics company, saw a -7.09% decline in its stock price due to a 'Strong Sell' call by MarketsMojo. The stock has underperformed the sector by -7.87% and is trading below its moving averages. In comparison to the Sensex, it has performed poorly with a -7.09% decline in just one day.

Allcargo Gati, a smallcap logistics company, has seen a decline in its stock price by -7.09% on July 2nd, 2024. This decline has been attributed to the stock being given a 'Strong Sell' call by MarketsMOJO.

The stock has underperformed the sector by -7.87% today and has been on a consecutive fall for the last 2 days, with a total decline of -8.08% during this period. It also opened with a loss of -2.74% today and touched an intraday low of Rs 102.5 (-7.99%).

Allcargo Gati's stock is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a downward trend in its performance.

In comparison to the Sensex, Allcargo Gati's stock has performed poorly with a -7.09% decline in just one day, while the Sensex has seen a slight increase of 0.15%. Over the past month, Allcargo Gati's stock has seen a 4.39% increase, while the Sensex has seen a higher increase of 7.61%.

Investors and experts are advised to closely monitor the performance of Allcargo Gati in the coming days to make informed decisions about their investments.
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