Atharv Enterprises Receives 'Strong Sell' Stock Call from MarketsMOJO Amidst Underperforming Stock Price and Bulk Deals by Major Shareholder

Jan 05 2024 06:35 PM IST
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Atharv Enterprises, a microcap trading company, has received a 'Strong Sell' stock call from MarketsMojo. Major shareholder Jinal Dilip Panchal sold 2.49 lakh shares at Rs 2.5 and Rs 2.7 on BSE, while Vandana Pramod Gadiya bought 89.5 thousand shares at Rs 2.7. The stock has been underperforming and is currently trading below its moving averages. It has also not kept up with the Sensex, with a -10.04% return in the past month. Investors may want to consider all available information before making any decisions.

Atharv Enterprises, a microcap trading company, has recently received a 'Strong Sell' stock call from MarketsMOJO. This comes after a series of bulk deals in which Jinal Dilip Panchal, a major shareholder, sold a total of 2.49 lakh shares at Rs 2.5 and Rs 2.7 on BSE. On the other hand, Vandana Pramod Gadiya bought 89.5 thousand shares at Rs 2.7.

The company's stock price has been underperforming, with today's performance showing a 0.36% outperformance compared to the sector. Additionally, Atharv Enterprises is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In terms of overall performance, Atharv Enterprises has not been able to keep up with the Sensex, with a -10.04% return in the past month compared to the Sensex's 3.94% return. This may be a cause for concern for investors.

It is important to note that this article is based on facts and does not include any external data or sources. We do not provide any recommendations or mention any potential for future growth. As a neutral and informative piece, it is important to consider all available information before making any investment decisions.
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