Mayur Uniquoters' Stock Sees -7.55% Decline, But Remains Above Moving Averages

Mayur Uniquoters, a smallcap company in the footwear industry, saw a decline of -7.55% in its stock on November 11, 2024. This underperformance was reflected in the stock's price summary, with the stock touching an intraday low of Rs 595.05, a decrease of -8.87%.

Despite this dip, MarketsMOJO has given a 'Hold' rating for Mayur Uniquoters, indicating a neutral stance on the stock. The stock's performance today was -3.54% lower than the overall sector performance of Footwear, which has fallen by -6.6%.

In comparison to the Sensex, Mayur Uniquoters' 1-day performance was -7.05%, while the Sensex saw a slight increase of 0.11%. Over the past month, Mayur Uniquoters' performance has been relatively stable with a decrease of only -0.01%, while the Sensex has seen a decline of -2.22%.

Despite the recent dip in stock performance, Mayur Uniquoters remains above its 20-day and 200-day moving averages, indicating a positive trend. However, it is currently below its 5-day, 50-day, and 100-day moving averages.

Investors should keep an eye on Mayur Uniquoters' performance in the coming days to see if it can bounce back from this dip. With a 'Hold' rating from MarketsMOJO and a relatively stable performance compared to the overall market, Mayur Uniquoters may still hold potential for investors.