Artemis Electricals & Projects Ltd's Stock Sees Fifth Consecutive Day of Losses
Artemis Electricals & Projects Ltd, a smallcap company in the electric equipment industry, saw a dip in its stock price today. Despite recent losses, the stock's moving averages are still higher than the 20, 50, 100, and 200 day averages. The company's stock has outperformed the Sensex in the past month, but investors are advised to do their own research before investing.
Artemis Electricals & Projects Ltd, a smallcap company in the electric equipment industry, saw a dip in its stock price today. According to MarketsMOJO, the stock opened with a loss of -4.98% and underperformed the sector by -4.95%. This marks the fifth consecutive day of losses for the company, with a total decline of -22.58% in this period.
The stock also opened with a gap down of -4.98% and touched an intraday low of Rs 56.04. However, despite these recent losses, the stock's moving averages are still higher than the 20 day, 50 day, 100 day, and 200 day moving averages. The only exception is the 5 day moving average, which is currently lower.
In comparison to the Sensex, Artemis Electricals & Projects Ltd's stock performance for the day was -4.98%, while the Sensex saw a positive performance of 0.08%. Looking at the past month, the company's stock has seen a significant increase of 60.76%, outperforming the Sensex's performance of 3.23%.
Based on these numbers, MarketsMOJO has given a 'Hold' call for Artemis Electricals & Projects Ltd's stock. As a smallcap company in the electric equipment industry, it is important to keep an eye on the company's performance and market trends. Investors are advised to do their own research and make informed decisions before investing in the stock.
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