Centrum Capital Stock Declines Amid Market Trend

Centrum Capital, a smallcap finance and NBFC company, saw a decline of -7.22% in its stock price on December 20, 2023. This was in line with the overall trend in the market, as the stock call by MarketsMOJO was a 'Sell'. The stock opened with a gain of 2% but closed lower, underperforming the sector by -5.84%.

The stock also saw a trend reversal, falling after three consecutive days of gains. It touched an intraday high of Rs 31.78 (2.45%) and an intraday low of Rs 28.35 (-8.61%). The moving averages for Centrum Capital are higher than the 50 day, 100 day, and 200 day moving averages, but lower than the 5 day and 20 day moving averages.

In comparison to the Sensex performance, Centrum Capital's 1 day performance was -7.74% while the Sensex only saw a decline of -0.72%. Similarly, the 1 month performance of Centrum Capital was -3.11% while the Sensex saw a growth of 8.03%.

Overall, Centrum Capital's stock performance has been on a downward trend, with a decline in both short-term and long-term periods. Investors should keep an eye on the company's financials and market trends before making any investment decisions.