Sastasundar Ventures' Stock Price Surges 7.28% Amidst 'Strong Sell' Rating from MarketsMOJO

Sastasundar Ventures, a smallcap company in the finance/NBFC industry, saw a 7.28% increase in its stock price on August 22, 2024. This outperformed the sector by 7.55%, indicating a positive trend for the company.

According to MarketsMOJO, a leading stock analysis platform, the stock has been given a 'Strong Sell' rating. This suggests that investors should exercise caution when considering investing in Sastasundar Ventures.

The stock opened with a loss of -6.25% today, but managed to reach an intraday high of Rs 336.75, representing an 8.49% increase. However, it also touched an intraday low of Rs 291, showing high volatility with an intraday range of 5.45%.

Sastasundar Ventures has been gaining for the last 2 days and has risen 8.45% in that period. It is currently trading higher than its 5 day, 20 day, 50 day, and 100 day moving averages, but lower than its 200 day moving average.

In comparison to the Sensex, Sastasundar Ventures has outperformed with a 1 day performance of 7.28% versus the Sensex's 0.21%. Over the past month, the company has also outperformed the Sensex with a 5.58% increase compared to the Sensex's 0.72% increase.

Overall, Sastasundar Ventures has shown positive performance in the recent days, but investors should carefully consider the 'Strong Sell' rating given by MarketsMOJO before making any investment decisions.