Dolat Algotech Experiences High Volatility Amid Sector Outperformance and Recent Decline

Jan 16 2025 09:35 AM IST
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Dolat Algotech, a small-cap finance and NBFC company, experienced notable intraday activity, reaching a high of Rs 113.85 amid significant volatility. While it outperformed its sector today, the stock has struggled over the past month, trading below key moving averages, suggesting a bearish trend.
Dolat Algotech, a small-cap player in the finance and non-banking financial company (NBFC) sector, has shown significant activity today, opening with a gain of 6.1% and reaching an intraday high of Rs 113.85. The stock has exhibited high volatility, with an intraday volatility rate of 14.02%.

In terms of performance metrics, Dolat Algotech has outperformed its sector by 1.39% today, with a one-day performance increase of 2.89%, while the Sensex rose by 0.60%. However, the stock has faced challenges over the past month, declining by 15.73%, in contrast to the Sensex's decrease of 5.58%.

Currently, Dolat Algotech is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the short to medium term.
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