Centrum Capital's Stock Price Drops by -7.14% Amidst Decline in Finance/NBFC Sector.

Centrum Capital, a smallcap company in the finance/NBFC industry, has seen a decline in its stock price by -7.14% on October 7th, 2024. This drop in stock price has been reflected in the stock call given by MarketsMOJO, which is currently a 'Sell'.

The stock has underperformed the sector by -4.87% today and has been on a consecutive fall for the last 3 days, with a total decline of -11.22% during this period. However, the stock did open with a gain of 2.25% today, but later touched an intraday low of Rs 31.75 (-7.03%). This high volatility in the stock is evident from its intraday volatility of 6.56%.

Centrum Capital is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a downward trend in its stock price. The finance/NBFC sector as a whole has also seen a decline of -2.03%.

In comparison to the Sensex, Centrum Capital's 1 day performance is -7.14% while the Sensex has only seen a decline of -0.77%. Similarly, in the past month, Centrum Capital's performance has been -13.50% while the Sensex has only seen a slight decline of -0.16%.

Investors should keep a close eye on Centrum Capital's stock performance and the overall trend in the finance/NBFC sector before making any investment decisions.