Capital India Finance Stock Sees -7.4% Decline After 8 Days of Positive Streak

Capital India Finance, a smallcap finance company, has seen a decline of -7.4% in its stock price on October 17, 2024. This comes after the stock had been on a positive streak for 8 consecutive days. MarketsMOJO has given a 'Sell' call for the stock.

The stock opened with a gain of 3.76% today, but quickly fell to an intraday low of Rs 243.15, a decrease of -8.92%. This high volatility is reflected in the stock's intraday volatility of 6.51%, calculated from the weighted average price.

Despite this recent decline, Capital India Finance is still trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This indicates that the stock has been performing well in the past.

In comparison to the overall market performance, Capital India Finance has underperformed the sector by -7.48% today and has seen a 1 month performance of 76.64%, while the Sensex has seen a -1.85% performance in the same time period.

Investors should keep an eye on the stock's performance in the coming days to see if it can bounce back from this decline. However, it is important to note that this article is based on facts and does not offer any recommendations or mention any potential future potential for the company.