Makers Laboratories Stock Sees Dip, MarketsMOJO Calls 'Sell' Amid Underperformance

Jan 05 2024 08:07 PM IST
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Makers Laboratories, a microcap pharmaceutical company, has experienced a dip in its stock price and has been given a 'Sell' rating by MarketsMojo. The stock has underperformed the sector by -4.83% and has seen a decrease of -4.98% in one day. However, it is still trading higher than its moving averages. Investors should be cautious when considering investing in this company.

Makers Laboratories, a microcap pharmaceutical company, has recently seen a dip in its stock price. According to MarketsMOJO, the stock call for Makers Laboratories is 'Sell'. The stock touched a price of 145.35, after reaching a high of 154.9. This performance today has underperformed the sector by -4.83%.

The trend for Makers Laboratories has also reversed, as the stock has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 145.1, which is a decrease of -4.98%. However, it is worth noting that Makers Laboratories is still trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

In comparison to the Sensex performance of 0.25%, Makers Laboratories has seen a 1 day performance of -4.81%. This further supports the 'Sell' stock call by MarketsMOJO.

As a microcap company in the pharmaceutical industry, Makers Laboratories may face challenges in the market. However, it is important to note that this article is based on factual information and does not include any external data or sources. It is always recommended to do thorough research and consult with a financial advisor before making any investment decisions.
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