Samhi Hotels' Stock Sees Decline, Underperforms Sector by -4.39%

Samhi Hotels, a smallcap company in the hotel, resort, and restaurant industry, has recently seen a decline in its stock price. On March 6, 2024, the company's stock lost -7.19%, underperforming the sector by -4.39%. This marks the third consecutive day of losses for Samhi Hotels, with a total decline of -11.08% in this period.

The stock touched an intraday low of Rs 200 (-8.42%) and is currently trading higher than its 50-day, 100-day, and 200-day moving averages, but lower than its 5-day and 20-day moving averages. This indicates a mixed trend for the stock in the short term.

In comparison, the hotel, resort, and restaurant sector has also seen a decline of -2.82%. However, it is important to note that Samhi Hotels' 1-day performance of -7.12% is significantly lower than the Sensex's performance of -0.27%. Similarly, the company's 1-month performance of 4.16% is lower than the Sensex's performance of 1.79%.

While the stock call by MarketsMOJO is 'Sell', it is important to note that this is not a recommendation and should not be considered as such. It is also worth mentioning that this news article is based on factual information and does not include any external data or sources. Investors should conduct their own research and analysis before making any investment decisions.