SML ISUZU's Stock Sees -8.25% Decline, MarketsMOJO Calls for 'Hold' Amidst Sector Underperformance
SML ISUZU, a smallcap company in the auto-truck industry, has seen a decline in its stock performance, with a -8.25% decrease on March 13, 2024. MarketsMojo has given a 'Hold' call for the stock. Despite this, the company's moving averages are still higher than the sector's, but lower than the 5-day and 20-day averages.
SML ISUZU, a smallcap company in the auto-truck industry, has been facing a downward trend in its stock performance. On March 13, 2024, the company's stock saw a decline of -8.25%, closing at Rs 1742.55. This has led to a 'Hold' call by MarketsMOJO, a leading stock market analysis platform.
The stock has been underperforming the sector by -5.88% and has been on a consecutive fall for the last 3 days, with a total decline of -18.65% during this period. The stock also touched an intraday low of Rs 1742.55, a decrease of -9.24%.
Despite the recent decline, SML ISUZU's moving averages are still higher than the 50-day, 100-day, and 200-day moving averages. However, it is currently lower than the 5-day and 20-day moving averages.
In comparison, the auto-truck sector has also seen a decline of -3.14%. On the same day, SML ISUZU's performance was -7.30%, while the Sensex's performance was -0.84%. Over the past month, SML ISUZU's performance has been 16.41%, while the Sensex's performance has been 2.09%.
It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of SML ISUZU or its stock. Investors are advised to do their own research and consult with financial experts before making any investment decisions.
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