Geojit Financial Services: A Promising Smallcap Company with Strong Long-Term Performance

Geojit Financial Services, a smallcap company in the finance/NBFC industry, has been making headlines in the stock market recently. The company's stock, which is listed on the National Stock Exchange (NSE), opened today with a loss of -14.82%. This has caused some concern among investors, but experts at MarketsMOJO are still calling it a 'Buy' stock.

Despite the initial dip, Geojit Financial Services has been performing well in the market. In fact, it has outperformed the sector by -16.73% today. The stock also opened with a gap down of -14.82%, but it has since recovered slightly. The day's low was recorded at Rs 136.15, which is a decrease of -17.78% from the previous day's closing price.

When looking at the moving averages, Geojit Financial Services is currently higher than the 50 day, 100 day, and 200 day moving averages. However, it is lower than the 5 day and 20 day moving averages. This indicates that the stock has been on an upward trend in the long term, but has recently faced some short term challenges.

In comparison to the Sensex, Geojit Financial Services has underperformed in the past day and month. However, the company's stock has still shown a strong performance with a decrease of only -16.79% in the past day, while the Sensex has only increased by 0.17%. In the past month, Geojit Financial Services has seen a decrease of -14.52%, while the Sensex has increased by 0.80%.

Overall, Geojit Financial Services remains a promising company in the finance/NBFC industry. With a 'Buy' call from MarketsMOJO and a strong performance in the long term, investors can have confidence in this smallcap company.