Satin Creditcare Network Hits 52-Week Low, Outperforms Sector But Lags Behind Sensex

Satin Creditcare Network, a smallcap finance company, has recently hit a 52-week low on October 23, 2024. The stock has been given a 'Sell' call by MarketsMOJO, a leading stock market analysis platform. The stock opened today with a gain of 4.64% and touched an intraday high of Rs 171.3. It has outperformed the sector by 1.6% and has shown a trend reversal after three consecutive days of fall. However, it is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In the past year, Satin Creditcare Network has shown a negative performance of -26.04%, while the Sensex has shown a positive performance of 24.29%. This indicates that the stock has not been able to keep up with the overall market trend. Satin Creditcare Network operates in the finance/NBFC industry and is classified as a smallcap company. While the stock may have hit a low, it is important to note that this is not a recommendation to buy or sell the stock. It is always advisable to do thorough research and consult with a financial advisor before making any investment decisions.