Smallcap FMCG Company Mishtann Foods Sees Decline in Stock Price

Mishtann Foods, a smallcap company in the FMCG industry, has recently seen a decline in its stock price. On October 25th, 2024, the company's stock fell by -7.27%, underperforming the sector by -7.78%. This trend reversal comes after two consecutive days of gains for the company's stock. The day's low for Mishtann Foods was Rs 13.3, a decrease of -7.89% from the previous day's closing price. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend. In comparison to the overall market performance, Mishtann Foods' stock has underperformed. On the same day, the Sensex saw a decrease of -0.99%, while Mishtann Foods' stock fell by -7.27%. Over the past month, the company's stock has also seen a decline of -7.08%, while the Sensex has decreased by -6.92%. While there has been no official statement from the company, MarketsMOJO has given a 'Sell' call for Mishtann Foods' stock. As a smallcap company in the FMCG industry, it is important for investors to closely monitor the performance of Mishtann Foods and make informed decisions.