Credo Brands Marketing Ltd's Stock Underperforms in Retail Sector, Receives 'Sell' Call from MarketsMOJO

Credo Brands Marketing Ltd, a smallcap company in the retailing industry, has been in the news recently due to its stock performance. According to MarketsMOJO, the stock has been given a 'Sell' call, with a loss of -7.28% on the day of opening. This underperformance is -3.93% compared to the sector.

The stock opened with a gap down of -7.28% and touched an intraday low of Rs 177.05. Credo Brands is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a downward trend.

In the retailing sector, Credo Brands has fallen by -2.59%. This could be a cause for concern for investors, as the company's stock performance is not in line with the sector's performance.

Looking at the stock's performance in comparison to the Sensex, Credo Brands has underperformed with a -3.74% return in the past day, while the Sensex has only seen a -1.03% decline. However, in the past month, Credo Brands has outperformed the Sensex with a 3.58% return compared to the Sensex's 1.15% return.

Overall, Credo Brands Marketing Ltd's stock performance has been lackluster, with a 'Sell' call from MarketsMOJO. Investors may want to keep an eye on the company's performance in the coming days to make informed decisions.