Monarch Networth Capital's Stock Sees Dip, But MarketsMOJO Gives 'Buy' Call

Monarch Networth Capital, a smallcap finance company, has recently faced a dip in its stock performance. On September 13, 2024, the company's stock saw a decline of -7.09%. However, despite this recent setback, MarketsMOJO has given a 'Buy' call for Monarch Networth Capital.

The stock's price summary for the day shows that it hit a new 52-week high of Rs.501.35, but underperformed the sector by -7.98%. It also opened with a gain of 6.96% and had a high volatility of 9.99%. The stock's intraday high was Rs.501.35, while the intraday low was Rs.428, indicating a significant fluctuation in its price.

Monarch Networth Capital is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which may be a cause for concern for some investors. However, it is important to note that the company's 1-month performance has been positive, with a growth of 26.74%, compared to the Sensex's performance of 5.04%.

Despite the recent dip in stock performance, Monarch Networth Capital remains a promising smallcap finance company. With MarketsMOJO's 'Buy' call and a positive 1-month performance, investors may want to keep an eye on this company for potential growth opportunities.