Mukka Proteins' Stock Declines by -9.22% Amidst Underperformance in Aquaculture Sector

Nov 18 2024 09:30 AM IST
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Mukka Proteins, a smallcap company in the aquaculture industry, has seen a -9.22% decline in its stock price on November 18, 2024. This is reflected in the 'Sell' rating given by MarketsMojo and the stock's underperformance compared to the sector and Sensex. Further research and consultation with a financial advisor is advised before making any investment decisions.

Mukka Proteins, a smallcap company in the aquaculture industry, has seen a decline in its stock price by -9.22% on November 18, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Sell'. The stock opened with a loss of -12.69% today and touched an intraday low of Rs 36.26, underperforming the sector by -12.73%.

The company's stock is currently trading lower than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a downward trend. However, the aquaculture sector as a whole has seen a gain of 6.3%, which could potentially have a positive impact on Mukka Proteins in the future.

In comparison to the overall performance of the Sensex, Mukka Proteins has underperformed with a -9.22% decline, while the Sensex has only seen a -0.23% decline. Similarly, over the past month, the company's stock has declined by -9.79%, while the Sensex has only seen a -4.70% decline.

It is important to note that this article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative overview of Mukka Proteins' recent stock performance. As with any investment, it is always recommended to do thorough research and consult with a financial advisor before making any decisions.
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