Maan Aluminium's Stock Declines by -9.99% Amidst Volatile Performance

Nov 05 2024 09:35 AM IST
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Maan Aluminium, a smallcap company in the aluminium industry, experienced a -9.99% decline in its stock price on November 5th, 2024. This was reflected in the 'Sell' call given by MarketsMojo. The stock has been underperforming the sector and Sensex, with a recent decline and mixed performance. Investors should carefully consider their options before making any decisions.

Maan Aluminium, a smallcap company in the aluminium and aluminium products industry, has seen a decline in its stock price by -9.99% on November 5th, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which is currently a 'Sell'.

The stock opened today with a loss of -9.99% and has been underperforming the sector by -11.53%. This is the third consecutive day of losses for Maan Aluminium, with a total decline of -23.78% in this period. The stock also touched an intraday low of Rs 191.85 (-9.99%).

However, it is worth noting that the stock is currently trading at the same price it opened at, with no range in its movement. The moving averages for Maan Aluminium are higher than the 50 day, 100 day, and 200 day moving averages, but lower than the 5 day and 20 day moving averages.

In comparison to the Sensex performance, Maan Aluminium has underperformed with a -9.99% decline, while the Sensex has only seen a -0.08% decline. Looking at the past month, Maan Aluminium has seen a 10.10% increase, while the Sensex has seen a -3.64% decline.

Overall, Maan Aluminium's stock performance has been volatile, with a recent decline and a mixed performance compared to the sector and Sensex. Investors should carefully consider their options before making any decisions regarding this stock.
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