Anka India Ltd's Stock Shows Positive Movement, But Receives 'Strong Sell' Rating from MarketsMOJO

Anka India Ltd, a microcap company in the miscellaneous industry, has been making headlines in the stock market recently. The company's stock, which is listed on the Indian stock exchange, opened with a gain of 3.33% today. However, according to MarketsMOJO, a leading stock analysis platform, the stock call for Anka India Ltd is 'Strong Sell'.

In terms of performance, Anka India Ltd has outperformed its sector by 2.28% today. The stock's moving averages are also higher than the 5 day, 20 day, 50 day, and 100 day moving averages. However, it is important to note that the stock's moving average is lower than the 200 day moving average.

Looking at the stock's performance compared to the overall market, Anka India Ltd has shown a 1 day performance of 3.27%, while the Sensex has only seen a 0.25% performance. In the past month, Anka India Ltd has outperformed the Sensex by a significant margin, with a performance of 45.43% compared to the Sensex's 3.94%.

While the stock may have shown some positive movement in the short term, it is important for investors to consider the overall stock call and performance before making any investment decisions. With a 'Strong Sell' rating from MarketsMOJO, it is advisable for investors to exercise caution when considering Anka India Ltd for their portfolio.