Nelcast Ltd. Sees Strong Sell Call from MarketsMOJO, Stock Outperforms Sector

Jun 05 2024 02:20 PM IST
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Nelcast Ltd., a smallcap company in the castings and forgings industry, saw a strong sell call from MarketsMojo today. The stock opened with a gain of 5.99%, outperforming the sector by 0.33%, but is currently trading lower than its moving averages. It has been highly volatile with an intraday volatility of 6.89%.


Nelcast Ltd., a smallcap company in the castings and forgings industry, saw a strong sell call from MarketsMOJO today. The stock opened with a gain of 5.99%, outperforming the sector by 0.33%. However, it is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

The stock has been highly volatile today, with an intraday volatility of 6.89%. It touched an intraday high of Rs 138 (6.69%) and a low of Rs 124.85 (-3.48%). This volatility is calculated from the weighted average price.

In comparison to the Sensex, Nelcast's 1-day performance is 3.83%, while the Sensex's performance is 2.54%. Over the past month, Nelcast's performance has been -17.96%, while the Sensex's performance has been 0.04%.

It is important to note that this information is based on facts and figures, without any mention of future potential or investor interest. As a smallcap company in the castings and forgings industry, Nelcast's performance may be affected by various factors, and it is always recommended to do thorough research before making any investment decisions.
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