Mrs Bectors Food Specialities Ltd sees 5.02% decline in stock price, MarketsMOJO advises 'Hold' for now
On September 23, 2024, Mrs Bectors Food Specialities Ltd, a midcap FMCG company, saw a 5.02% decline in its stock price. Despite this, the company's stock is still trading above its moving averages and has outperformed the Sensex in the past month. MarketsMojo recommends holding onto the stock for now.
Mrs Bectors Food Specialities Ltd, a midcap FMCG company, saw a decline of 5.02% in its stock price on September 23, 2024. This underperformance was noted by MarketsMOJO, who have given a 'Hold' call for the stock.
The stock opened at Rs 2095 and touched an intraday low of Rs 1987.05, a decrease of 5.18%. However, Mrs Bectors is still trading higher than its 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
In comparison to the Sensex, Mrs Bectors' performance on September 23 was -4.66%, while the Sensex saw a positive growth of 0.42%. Over the past month, Mrs Bectors has outperformed the Sensex with a growth of 30.84% compared to the Sensex's 4.71%.
Mrs Bectors Food Specialities Ltd is a midcap FMCG company, known for its popular brands such as Mrs Bector's Cremica and English Oven. The company has a strong presence in the market and has been consistently performing well. Investors are advised to hold onto their stocks for now, as per MarketsMOJO's recommendation.
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