Fino Payments Bank Stock Sees -7.02% Decline, Outperforms Sensex Despite Volatility
Fino Payments Bank, a smallcap company in the finance/NBFC industry, saw a -7.02% decline in its stock price on October 24th, 2024. The stock opened with a gain of 2.42% but underperformed the sector by -6.94%. Its moving averages are higher than its 100 and 200 day averages, but lower than its 5, 20, and 50 day averages. Despite the decline, Fino Payments Bank's stock is still performing better than the Sensex. Investors are advised to hold their positions and monitor the company's future performance.
Fino Payments Bank, a smallcap company in the finance/NBFC industry, has seen a decline of -7.02% in its stock price on October 24th, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which is currently 'Hold'.
The stock opened with a gain of 2.42% today, but underperformed the sector by -6.94%. It reached an intraday high of Rs 401.35 (2.42%) and a low of Rs 364.35 (-7.02%). The stock has shown high volatility today, with an intraday volatility of 6.59% (calculated from weighted average price).
Fino Payments Bank's moving averages are currently higher than its 100 day and 200 day moving averages, but lower than its 5 day, 20 day, and 50 day moving averages.
In comparison to the Sensex performance, Fino Payments Bank's 1 day performance is -6.55% while the Sensex has only seen a decline of -0.04%. Similarly, in the past month, Fino Payments Bank's performance has been -9.96% while the Sensex has seen a decline of -5.73%.
Overall, Fino Payments Bank's stock has shown a decline in its performance, but it is still performing better than the Sensex. Investors are advised to hold their positions and keep an eye on the company's future performance.
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