Media Matrix Worldwide's Stock Soars 8.36%, Outperforming Sector Amidst Bullish Trend

Sep 16 2024 10:05 AM IST
share
Share Via
On September 16th, 2024, Media Matrix Worldwide, a smallcap film production and distribution company, saw a significant 8.36% increase in its stock price, outperforming the sector by 5.03%. This comes after two days of falling prices and the stock is currently trading above its moving averages, indicating a bullish trend. Despite a 'Sell' rating from MarketsMojo, the company's recent performance has been impressive, showcasing its success in the film industry through strategic partnerships and innovative approach to entertainment.

Media Matrix Worldwide, a smallcap film production, distribution, and entertainment company, saw a significant increase in its stock price on September 16th, 2024. The stock gained 8.36%, outperforming the sector by 5.03%. This positive trend comes after two consecutive days of falling stock prices.

The stock reached an intraday high of Rs 20.7, showing a strong upward movement. Media Matrix is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend.

According to MarketsMOJO, a leading stock analysis platform, the stock call for Media Matrix is 'Sell'. However, the company's recent performance has been impressive, with a 1-day performance of 8.78% compared to Sensex's 0.28% and a 1-month performance of 34.46% compared to Sensex's 3.34%.

Media Matrix Worldwide has been making waves in the film industry with its production and distribution of high-quality content. The company's success can be attributed to its strategic partnerships and innovative approach to entertainment. With its recent stock price increase, Media Matrix is proving to be a promising player in the smallcap market.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
Why is Chandan Healthca falling/rising?
3 hours ago
share
Share Via
Why is KRN Heat Exchan falling/rising?
3 hours ago
share
Share Via
Why is Solarium Green falling/rising?
3 hours ago
share
Share Via
Why is Gajanand Inter. falling/rising?
3 hours ago
share
Share Via
Why is Sahasra Electro. falling/rising?
3 hours ago
share
Share Via
Why is Globale Tessile falling/rising?
3 hours ago
share
Share Via
Why is AWFIS Space falling/rising?
3 hours ago
share
Share Via