Geojit Financial Services Ltd shows signs of turnaround despite recent stock dip.
Geojit Financial Services Ltd, a smallcap finance and NBFC company, has recently seen a -7.12% dip in its stock price on June 25, 2024. However, the stock is still a 'Buy' call according to MarketsMojo and has been on their Hidden Turnaround list since November 1, 2023. Despite the short-term decrease, the stock's moving averages and positive performance in the past 1 month make it a potential long-term investment option.
Geojit Financial Services Ltd, a smallcap finance and NBFC company, has recently seen a dip in its stock price. On June 25, 2024, the company's stock lost -7.12%, underperforming the sector by -7.36%. This may be a cause for concern for some investors, but according to MarketsMOJO, the stock is still a 'Buy' call.
Despite the recent dip, Geojit Financial Services Ltd has been showing positive signs of a turnaround. It has been a part of MarketsMOJO's Hidden Turnaround list since November 1, 2023. This indicates that the company has been making efforts to improve its performance and financials.
On the day of the dip, the stock touched an intraday low of Rs 104.2, which is a decrease of -7.46%. However, the stock's moving averages are still higher than the 20 day, 50 day, 100 day, and 200 day moving averages, indicating a positive trend in the long run.
In comparison to the Sensex performance, Geojit Financial Services Ltd has underperformed in the past 1 day and 1 month, with a -6.99% and 1.51% decrease respectively. However, it is important to note that the Sensex has also seen a decrease in the past 1 day, while Geojit Financial Services Ltd has shown a positive performance in the past 1 month.
Overall, Geojit Financial Services Ltd may have experienced a dip in its stock price, but it is still showing signs of a potential turnaround. With a 'Buy' call from MarketsMOJO and positive moving averages, the company may be worth considering for long-term investment.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
