D B Corp's Stock Faces Dip, But Still a 'Buy' According to MarketsMOJO

Sep 27 2024 03:15 PM IST
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D B Corp, a leading printing and publishing company, saw a 6.03% drop in its stock price on September 27th, causing concern among investors. However, according to MarketsMojo, the stock is still a 'Buy' call. Despite recent dips, the stock has outperformed the sector and has a high dividend yield, making it a potential investment opportunity for stable returns.

D B Corp, a leading player in the printing and publishing industry, has recently faced a dip in its stock price. On September 27th, the company's stock fell by 6.03%, causing concern among investors. However, according to MarketsMOJO, a leading stock analysis platform, the stock is still a 'Buy' call.

Despite the recent dip, D B Corp's stock has been performing well in the market. It has outperformed the sector by 4.43% and has been on a consecutive fall for the last two days, with a decline of 9.06% in returns. The stock also touched an intraday low of Rs 336.9, a decrease of 5.78%.

While the stock is currently trading higher than its 20-day, 100-day, and 200-day moving averages, it is lower than its 5-day and 50-day moving averages. This indicates a mixed trend in the stock's performance. However, the printing and publishing sector as a whole has seen a decline of 2.16%.

One positive aspect for investors is the high dividend yield of 4.75% at the current price. This could be a good opportunity for those looking for stable returns.

In comparison to the overall market performance, D B Corp's stock has underperformed the Sensex by 5.68% in the last 1 day and has shown a 2.82% increase in the last 1 month, while the Sensex has seen a 4.78% increase. This shows that the company's stock has the potential for growth in the long run.

Despite the recent dip, D B Corp remains a strong player in the printing and publishing industry and has the potential to bounce back in the market. With a 'Buy' call from MarketsMOJO and a high dividend yield, it could be a good investment opportunity for those looking for stable returns.
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