Shelter Infra Projects Ltd's Stock Sees Decline, Underperforms Sector by -4.6%

Jan 08 2024 10:35 AM IST
share
Share Via
Shelter Infra Projects Ltd, a microcap company in the capital goods industry, saw a -4.38% decline in its stock price today, underperforming the sector by -4.6%. While the stock has been performing well in the longer term, it has seen a recent decline in the short term. MarketsMojo has given a 'Sell' call for the stock.

Shelter Infra Projects Ltd, a microcap company in the capital goods industry, saw a decline in its stock price today. According to MarketsMOJO, the stock opened with a loss of -4.38% and underperformed the sector by -4.6%. This is in contrast to the overall performance of the Sensex, which saw a slight increase of 0.06%.

Looking at the moving averages, Shelter Infra Projects Ltd's stock is currently higher than the 50 day, 100 day, and 200 day moving averages. However, it is lower than the 5 day and 20 day moving averages. This suggests that while the stock has been performing well in the longer term, it has seen a recent decline in the short term.

In the past month, Shelter Infra Projects Ltd's stock has seen a 3.37% increase, slightly outperforming the Sensex's performance of 3.21%. However, today's decline may be a cause for concern for investors.

MarketsMOJO has given a 'Sell' call for Shelter Infra Projects Ltd's stock, indicating that it may not be a good investment at this time. It is important for investors to carefully consider all available information before making any decisions regarding this stock.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News