Snowman Logistics Ltd. Shows Strong Performance and Promising Growth in Stock Market

Aug 20 2024 10:05 AM IST
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The stock has also outperformed its sector and the Sensex in the short-term and long-term. On August 20, 2024, Snowman Logistics Ltd, a smallcap logistics company, saw a 7.33% increase in its stock price and has been recommended as a 'Sell' by MarketsMojo. It has outperformed its sector by 3.77% and has been on a consecutive gain for the last 3 days. It is currently higher than its moving averages and has outperformed the Sensex in both short-term and long-term.

Snowman Logistics Ltd, a smallcap logistics company, has shown a positive performance in the stock market on August 20, 2024. The stock has gained 7.33% and has been recommended as a 'Sell' by MarketsMOJO.

In terms of price, Snowman Logistics has outperformed its sector by 3.77% today. The stock has also been on a consecutive gain for the last 3 days, with a rise of 4.76% in this period. The day's high for the stock was Rs 78.66, showing an intraday increase of 4.24%.

When looking at the moving averages, Snowman Logistics is currently higher than its 5-day, 50-day, 100-day, and 200-day moving averages. However, it is lower than its 20-day moving average.

In comparison to the Sensex performance, Snowman Logistics has shown a 1-day performance of 8.34%, while the Sensex has only seen a 0.52% increase. Over the past month, Snowman Logistics has outperformed the Sensex by 11.45%, with a 1-month performance of 0.29% for the Sensex.

Overall, Snowman Logistics has shown a positive performance in the stock market, with a strong gain on August 20, 2024. Investors should keep an eye on this smallcap logistics company as it continues to show promising growth.
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