Chordia Food Products' Stock Rated as 'Sell' by MarketsMOJO Amidst Positive Performance
Chordia Food Products, a microcap company in the FMCG industry, has been making headlines in the stock market recently. According to the latest stock call by MarketsMOJO, the company's stock is currently rated as 'Sell'. This comes after the stock reached a high of Rs. 115, but then dropped to Rs. 108, showing a decline of 4.47%.
The company's stock has been performing well in the past year, hitting a new 52-week high of Rs. 115 today. However, it has also faced some challenges, with the FMCG sector falling by -13.49%. Despite this, Chordia Food Products has managed to outperform the sector by 9.02% in today's trading.
In terms of moving averages, the stock is currently trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.
It is important to note that this news article is based on facts and does not include any future potential, investor interest, or expert opinions. The stock call by MarketsMOJO is an important piece of information for investors to consider, but it should not be taken as a recommendation. As always, it is important for investors to conduct their own research and make informed decisions when it comes to investing in the stock market.
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