Huhtamaki India's Stock Sees -7.99% Decline, Underperforms Sector and Sensex

Huhtamaki India, a leading packaging company in the smallcap industry, has seen a decline of -7.99% in its stock price on April 24, 2024. This drop in stock price has been attributed to the company's underperformance in the sector, with a -6.97% difference. The stock has also fallen after three consecutive days of gains, indicating a possible trend reversal.

On the day of the decline, the stock opened with a loss of -3.63% and touched an intraday low of Rs 316.9, which is a decrease of -8.58%. However, it is worth noting that the stock's moving averages are still higher than the 20 day, 100 day, and 200 day moving averages, but lower than the 5 day and 50 day moving averages.

In comparison to the Sensex performance, Huhtamaki India's stock has underperformed with a -7.98% decrease, while the Sensex has seen a 0.21% increase. However, in the past month, the company's stock has shown a positive trend with a 3.29% increase, outperforming the Sensex's 1.46% increase.

MarketsMOJO has given a 'Hold' call for Huhtamaki India's stock, indicating a neutral stance. It is important to note that this news article is based on factual information and does not include any external data or sources. As a smallcap company in the packaging industry, Huhtamaki India's stock performance will continue to be closely monitored by investors and analysts.