Mufin Green Finance's Stock Drops -7.17% in Line with Finance Sector Performance
On October 21, 2024, Mufin Green Finance, a smallcap finance company, saw a -7.17% decline in its stock price, in line with the overall performance of the finance sector. The stock has been trading below its moving averages, possibly due to market conditions and the company's financial performance. This is not a recommendation to buy or sell the stock.
Mufin Green Finance, a smallcap finance company, saw a decline of -7.17% in its stock price on October 21, 2024. This drop was in line with the overall performance of the finance sector, as the company underperformed the sector by -6.01%. The stock opened with a loss of -4.23% and touched an intraday low of Rs 101, before closing at Rs 102.
Mufin Green Finance's stock has been consistently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend. This could be attributed to the current market conditions and the company's financial performance.
In comparison to the overall market performance, Mufin Green Finance's stock has seen a decline of -7.17% in just one day, while the Sensex saw a decline of only -0.09%. Over the past month, the company's stock has seen a decline of -13.27%, while the Sensex saw a decline of -4.01%.
It is important to note that this is not a recommendation to buy or sell the stock, as it is purely based on factual information. Investors are advised to do their own research and consult with a financial advisor before making any investment decisions. Mufin Green Finance continues to operate in the finance/NBFC industry as a smallcap company.
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