Maan Aluminium Stock Declines -7.09% in Line with Sector, 'Sell' Call by MarketsMOJO

Maan Aluminium, a smallcap company in the aluminium and aluminium products industry, saw a decline of -7.09% in its stock price on October 11, 2024. This decline was in line with the overall performance of the sector, which saw a gain of 2.26%. The stock has been given a 'Sell' call by MarketsMOJO, indicating a negative sentiment towards its performance.

On the day of the decline, Maan Aluminium's stock touched an intraday low of Rs 210.95, which was a decrease of -7.36%. This was also a trend reversal for the stock, as it had seen three consecutive days of gains prior to this decline. However, the stock is still trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a relatively stable performance in the recent past.

In comparison to the overall market performance, Maan Aluminium's stock has underperformed, with a decline of -7.29% compared to the Sensex's decline of -0.20% on the same day. However, in the past month, the stock has outperformed the Sensex with a gain of 60.96% compared to the Sensex's decline of -0.10%.

Overall, Maan Aluminium's stock has seen a decline in its performance on October 11, 2024, but it has been relatively stable in the past month. Investors should keep an eye on the company's future performance and market trends before making any investment decisions.