Maan Aluminium Sees -7.51% Decline, Underperforms Sector by -8.52%

Maan Aluminium, a smallcap company in the aluminium and aluminium products industry, saw a decline of -7.51% on November 1st, 2024. This drop was reflected in the stock call given by MarketsMOJO, which advised investors to sell the stock.

The stock's performance today was underwhelming, as it underperformed the sector by -8.52%. It reached a new 52-week high of Rs.258.95, but ultimately closed lower at Rs.231, a decrease of -8.22%. The stock was highly volatile throughout the day, with an intraday volatility of 5.41%.

Despite the drop, Maan Aluminium is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates that the stock has been performing well in the recent past.

In comparison to the overall market performance, Maan Aluminium's 1-day performance was -8.22% while the Sensex's performance was only -0.32%. Over the past month, Maan Aluminium has outperformed the Sensex with a 28.51% increase, while the Sensex saw a decrease of -5.44%.

Investors should keep an eye on Maan Aluminium's performance in the coming days to see if it can bounce back from the recent drop. However, it is important to note that this article is based on factual information and does not offer any recommendations or predictions.