Navneet Education's Stock Drops -8.38% on August 13, 2024, Underperforms Sector

Navneet Education, a smallcap company in the printing and publishing industry, saw a decline of -8.38% on August 13, 2024. This drop in stock price was reflected in the stock call given by MarketsMOJO, which advised investors to hold onto their shares.

The stock's performance today was also underwhelming, as it underperformed the sector by -3.36%. This trend reversal comes after two consecutive days of gains for the company's stock.

Navneet Education's stock touched an intraday low of Rs 164.45, a decrease of -4.97%. However, the company's stock is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the overall market performance, Navneet Education's stock has not fared well. On the day of August 13, 2024, the stock's performance was -8.15%, while the Sensex's performance was only -0.81%. Over the past month, Navneet Education's stock has seen a slight increase of 2.85%, while the Sensex's performance was -1.88%.

Investors should keep an eye on Navneet Education's stock in the coming days to see if it can bounce back from its recent decline. However, it is important to note that this article is based on factual information and does not offer any recommendations or predictions for the future potential of the company's stock.