Arihant Capital Markets' Stock Sees -7.07% Dip, But Still Outperforms Sector and Sensex

Arihant Capital Markets, a smallcap company in the finance/NBFC industry, has recently faced a dip in its stock performance. On October 25th, 2024, the company's stock saw a decrease of -7.07%. However, despite this decline, MarketsMOJO has given a 'Buy' call for the stock.

Taking a closer look at the price summary, we can see that Arihant Capital Markets has underperformed the sector by -4.77% and opened with a loss of -2.13% today. The stock also touched an intraday low of Rs 102.3, which is a decrease of -7.29%. While the stock's moving averages are higher than the 50 day, 100 day, and 200 day moving averages, it is lower than the 5 day and 20 day moving averages.

In terms of sector performance, the finance/NBFC industry has fallen by -2.46%. However, despite this, Arihant Capital Markets' 1 day performance is still better than the Sensex's performance of -0.78%. Similarly, the company's 1 month performance is also better than the Sensex's performance of -6.73%.

While the recent dip in stock performance may be a cause for concern, it is important to note that Arihant Capital Markets is a smallcap company and may experience fluctuations in its stock price. Investors should also consider the 'Buy' call given by MarketsMOJO and the fact that the company's performance is still better than the overall market. As always, it is important to do thorough research and consult with a financial advisor before making any investment decisions.