Fusion Micro Finance's Stock Hits All-Time Low, Underperforming Sector and Sensex

Fusion Micro Finance, a smallcap finance company, has been facing a downward trend in its stock performance. On September 24th, the company's stock saw a decline of -7.75%, closing at a new 52-week and all-time low of Rs.252. This has led to a 'Sell' call by MarketsMOJO.

The stock has been underperforming the sector by -7.42% and has been on a consecutive fall for the last 3 days, with a total decline of -18.78% in this period. Today, the stock opened with a gap down of -4.61% and touched an intraday low of Rs.252, showing a further decline of -8.26%.

Fusion Micro Finance's stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. In comparison to the Sensex, the company's stock has seen a -7.57% decline in just one day, while the Sensex has only seen a -0.02% decline.

Over the past month, Fusion Micro Finance's stock has seen a decline of -11.84%, while the Sensex has seen a positive growth of 4.72%. This shows a significant underperformance by the company in the market.

Investors and experts are advised to closely monitor the stock's performance and consider the current market conditions before making any investment decisions. This is not a recommendation to buy or sell the stock, but rather a fact-based update on Fusion Micro Finance's recent stock performance.