Mukka Proteins' Stock Price Soars 11.82%, Outperforms Sector and Sensex

Jul 12 2024 12:20 PM IST
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Despite high volatility, the stock has consistently outperformed the sector and the overall market, making it a promising investment option. Mukka Proteins, a smallcap company in the aquaculture industry, has seen a significant increase in its stock price on July 12, 2024. The stock gained 11.82%, outperforming the sector by 9.3%. Despite high volatility, the stock has consistently outperformed the market and its moving averages, making it a promising investment option.

Mukka Proteins, a smallcap company in the aquaculture industry, has seen a significant increase in its stock price on July 12, 2024. The stock gained 11.82%, outperforming the sector by 9.3%. This positive performance comes after two consecutive days of gains, with a 9.23% increase in the stock's value.

The stock also saw high volatility, with an intraday volatility of 5.47%, calculated from the weighted average price. Despite this, Mukka Proteins is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the overall market performance, Mukka Proteins has outperformed the Sensex by a significant margin. On a one-day basis, the stock's performance was 12.10% compared to the Sensex's 0.82%. Over the past month, Mukka Proteins has also outperformed the Sensex, with a 15.13% increase compared to the Sensex's 5.15% increase.

While there has been no mention of investor interest or expert opinions, the stock has been given a 'Sell' call by MarketsMOJO. This news article is based solely on the facts and performance of Mukka Proteins, without any speculation about its future potential. As a smallcap company in the aquaculture industry, Mukka Proteins has shown strong performance and continues to be a company to watch in the market.
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