Mukka Proteins' Stock Price Declines by -8.24% on August 13th, Labeled as 'Sell' by MarketsMOJO.

Aug 13 2024 02:05 PM IST
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Mukka Proteins, a smallcap company in the aquaculture industry, saw a decline in its stock price by -8.24% on August 13th, 2024. This was reflected in the stock call given by MarketsMojo, labeling it as a 'Sell'. The stock has been on a downward trend for the past three days, with a fall of -10.08%. Despite this, the stock's moving averages are still higher than the 50-day, 100-day, and 200-day averages, indicating a mixed trend. The stock has underperformed the sector by -3.9% and the Sensex by -7.91% in the past day.

Mukka Proteins, a smallcap company in the aquaculture industry, has seen a decline in its stock price by -8.24% on August 13th, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which has labeled it as a 'Sell'.

The stock's performance today has underperformed the sector by -3.9%. In fact, the stock has been on a downward trend for the past three days, with a fall of -10.08% during this period. The stock's intraday high was Rs 51, a 3.45% increase, while its intraday low was Rs 45.36, a -7.99% decrease.

Despite the recent decline, Mukka Proteins' moving averages are still higher than the 50-day, 100-day, and 200-day moving averages. However, it is lower than the 5-day and 20-day moving averages. This indicates a mixed trend for the stock.

In the aquaculture sector, there has been a decline of -3.03%, which could have contributed to the decline in Mukka Proteins' stock price.

Comparing the stock's performance to the overall market, Mukka Proteins has underperformed the Sensex by -7.91% in the past day and has outperformed it by 15.67% in the past month. This shows that the stock's performance is not solely dependent on the market's performance.

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 tone for readers interested in the performance of Mukka Proteins in the aquaculture industry.
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