SG Finserve's Stock Sees Second Consecutive Day of Losses, Underperforms Sector by -4.31%

SG Finserve, a smallcap finance company, has recently seen a decline in its stock price. On November 13, 2024, the company's stock lost -8.02%, underperforming the sector by -4.31%. This marks the second consecutive day of losses for SG Finserve, with a total decline of -7.56% in this period.

The stock's intraday low was Rs 418, a decrease of -6.34% from the previous day. SG Finserve 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 overall market performance, SG Finserve's stock has underperformed. On the same day, the Sensex, India's benchmark index, saw a decline of -0.89%, while SG Finserve's stock fell by -8.02%. Over the past month, SG Finserve's stock has seen a decline of -18.06%, while the Sensex has only fallen by -4.18%.

While the reasons for this decline in SG Finserve's stock price are not mentioned, investors should keep an eye on the company's performance and any potential developments in the finance industry. This information is provided by MarketsMOJO, who have given a 'Sell' call for SG Finserve's stock. As always, it is important for investors to conduct their own research and make informed decisions before investing in any company.