Satin Creditcare Network's Stock Price Drops by -7.99% on November 8th, Underperforming Sector

Satin Creditcare Network, a smallcap finance company, has seen a decline in its stock price by -7.99% on November 8th, 2024. This drop in stock price has been reflected in the stock call given by MarketsMOJO, which has advised investors to sell the stock.

The stock has hit a new 52-week low of Rs.149.2 on the same day, underperforming the sector by -6.43%. This is the second consecutive day of losses for the company, with a fall of -7.91% in the last two days. However, the stock opened with a gain of 3.31% today, touching an intraday high of Rs.170 before falling to an intraday low of Rs.149.2, showing high volatility with an intraday range of 5.71%.

Satin Creditcare is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price.

In comparison to the Sensex, Satin Creditcare has underperformed with a -7.96% return in the last 1 day and a -17.40% return in the last 1 month, while the Sensex has only seen a -0.09% and -2.65% return, respectively.

Investors should keep an eye on Satin Creditcare's performance in the coming days to make informed decisions about their investments.