Huhtamaki India's Stock Price Declines by -7.09% on October 24th, Labeled as 'Sell' by MarketsMOJO

Huhtamaki India, a leading packaging company in the smallcap industry, has seen a decline in its stock price by -7.09% on October 24th, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which has labeled it as a 'Sell'.

The stock has underperformed the sector by -4.82% on the same day. This is a continuation of a downward trend for the company, as it has been losing for the last 4 days and has fallen by -21.73% in this period. The stock also touched an intraday low of Rs 308.3, a decrease of -6.56%.

Huhtamaki India's performance is also reflected in its moving averages, as it is currently trading lower than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This indicates a downward trend in the stock's performance.

In comparison to the overall market, Huhtamaki India's performance has been weaker. On the same day, the stock's performance was -7.65%, while the Sensex's performance was only -0.02%. In the past month, the stock has seen a decline of -23.77%, while the Sensex has only seen a decline of -5.71%.

While Huhtamaki India is a reputable company in the packaging industry, its recent stock performance may be a cause for concern for investors. It is important for investors to carefully consider all factors before making any investment decisions.