Geojit Financial Services' Stock Sees -7.02% Decline, Rated as 'Hold' by MarketsMOJO

Geojit Financial Services, a smallcap finance company, saw a decline of -7.02% in its stock price on September 17, 2024. According to MarketsMOJO, the stock is currently rated as 'Hold'. The stock hit a new 52-week and all-time high of Rs.177 on the same day. However, it underperformed the sector by -5.44% and experienced a trend reversal after three consecutive days of gains.

During the day, the stock reached an intraday high of Rs.177, showing a 3.51% increase, and an intraday low of Rs.160.1, indicating a -6.37% decrease. Geojit Financial Services is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance of -0.07%, Geojit Financial Services' 1-day performance was -5.29%. However, the company has outperformed the Sensex in the past month with a 58.31% increase in its stock price, while the Sensex only saw a 3.10% increase.

Geojit Financial Services is a smallcap finance company that provides various financial services to its clients. The recent decline in its stock price may be a result of market fluctuations and should not be a cause for concern for investors. With a 'Hold' rating from MarketsMOJO, it is advisable for investors to monitor the stock's performance in the coming days.