Mukka Proteins Ltd's Stock Performance Declines, Outperforms Sector in Recent Month

Aug 05 2024 09:33 AM IST
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However, according to MarketsMojo, the stock has been given a 'Sell' call with a consecutive decline in the last 3 days and a -6.23% decrease in this period. The stock has also underperformed the sector, which has seen a decline of -4.8%.

Mukka Proteins Ltd, a smallcap company in the aquaculture industry, has been in the news recently due to its stock performance. According to MarketsMOJO, the stock has been given a 'Sell' call, with a loss of -5.61% on the day of opening. This is a consecutive fall for the company, as it has been losing for the last 3 days and has seen a decline of -6.23% in this period.

The stock opened with a gap down of -5.61% today and touched an intraday low of Rs 47.59. However, it has been performing better than the sector, with a 4.41% outperformance. The moving averages for the company are higher than the 20 day, 50 day, 100 day, and 200 day moving averages, but lower than the 5 day moving averages.

In terms of sector performance, aquaculture has fallen by -4.8%. This could be a contributing factor to the decline in Mukka Proteins' stock. In comparison to the Sensex, the company's 1 day performance is -5.69%, while the Sensex has seen a decline of -2.00%. Over the past month, Mukka Proteins has outperformed the Sensex with a 36.13% return, while the Sensex has seen a decline of -0.79%.

While the stock may have seen a decline in recent days, it is important to note that this article is based on facts and does not include any future potential, investor interest, or expert opinions. As a smallcap company in the aquaculture industry, Mukka Proteins' performance will continue to be closely monitored by investors and analysts.
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