Roselabs Finance Stock Sees Consecutive Gains, MarketsMOJO Issues 'Sell' Call

Jan 05 2024 08:11 PM IST
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Roselabs Finance, a microcap finance company, has been in the spotlight in the stock market as its stock, listed under ROSELABS, received a 'Sell' call from MarketsMojo. The stock has shown a strong performance today, outperforming the sector by 6.44% and experiencing a 24.5% increase in returns over the last 3 days. However, it has also displayed volatility with an intraday low of Rs 25. MarketsMojo advises investors to conduct their own research before investing.

Roselabs Finance, a microcap finance company, has been making headlines in the stock market recently. The company's stock, which is listed on the stock exchange under the ticker symbol "ROSELABS", has been given a 'Sell' call by MarketsMOJO.

According to the latest price summary, the stock has been performing well today, outperforming the sector by 6.44%. It has also been on a consecutive gain streak for the last 3 days, with a remarkable 24.5% increase in returns during this period. The stock opened with a gain of 9.39% today and reached a high of Rs 28.2, before settling at a price of Rs 27.49. However, it did touch an intraday low of Rs 25, showing some volatility in its trading.

Speaking of volatility, Roselabs Finance has been highly volatile today with an intraday volatility of 6.02%, calculated from the weighted average price. This could be attributed to the stock's performance being higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, Roselabs Finance has outperformed with a 1-day performance of 6.63%, while the Sensex has only seen a 0.25% increase. With all these factors in mind, MarketsMOJO has given a 'Sell' call for Roselabs Finance stock. Investors are advised to do their own research and make informed decisions before investing in the stock.
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