Hardwyn India's Stock Price Drops -7.51% in Line with MarketsMOJO's 'Sell' Recommendation

Oct 03 2024 01:50 PM IST
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On October 3rd, 2024, Hardwyn India's stock price declined by -7.51%, in line with the 'Sell' recommendation by MarketsMojo. Despite this, the stock has shown a positive trend over the past month, outperforming the Sensex. Moving averages suggest a positive long term trend, but a short term decline. This article presents factual information and does not offer any recommendations or predictions. Investors should conduct their own research before making any decisions.

Hardwyn India, a smallcap company in the aluminium and aluminium products industry, saw a decline of -7.51% in its stock price on October 3rd, 2024. This drop was in line with the recommendation of 'Sell' given by MarketsMOJO.

The stock opened with a loss of -2.01% and touched an intraday low of Rs 38.03 (-7.92%). However, the stock's performance over the past month has been positive, with a 22.32% increase, outperforming the Sensex which has remained stagnant.

Hardwyn India's moving averages are currently higher than its 50 day, 100 day, and 200 day moving averages, indicating a positive trend in the long term. However, it is currently lower than its 5 day and 20 day moving averages, suggesting a short term decline.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of Hardwyn India or its stock. Investors are advised to conduct their own research and make informed decisions.
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