Chartered Capital & Investment Ltd's Stock Reaches All-Time High, But Rated as 'Sell' by MarketsMOJO

Chartered Capital & Investment Ltd, a microcap finance company, has recently seen a surge in its stock price, reaching an all-time high on October 21, 2024. However, according to MarketsMOJO, a leading stock analysis and recommendation platform, the stock is currently rated as a 'Sell'.

The stock's performance today has underperformed the sector by -7.48%, with an open gap down of -7.02%. The stock touched an intraday low of Rs 223.1 (-7.02%) and has since traded at this price, indicating a lack of range in its movement.

Chartered Capital & Investment Ltd is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a downward trend in its stock price.

In the past year, the company's stock has shown a significant growth of 101.26%, outperforming the Sensex's performance of 24.23%. However, it is important to note that this is not a guarantee of future performance.

Chartered Capital & Investment Ltd operates in the finance/NBFC industry and is classified as a microcap company. As a finance company, it provides various financial services to its clients, including loans, investments, and other financial products.

Investors should carefully consider all available information before making any investment decisions. This news article is for informational purposes only and does not constitute any recommendation or advice. It is important to conduct thorough research and consult with a financial advisor before investing in any company, especially a microcap company like Chartered Capital & Investment Ltd.