Sonal Adhesives Receives Sell Call from MarketsMOJO, Stock Shows Mixed Performance

Jan 05 2024 07:44 PM IST
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Sonal Adhesives, a microcap company in the plastic products industry, has received a Sell call from MarketsMojo. The stock has underperformed the sector by -1.06% and has seen a recent downward trend with a fall of -3.16% in returns. However, it is currently trading higher than its moving averages and has shown strong overall performance in the past month. Investors should do their own research before making any investment decisions.


Sonal Adhesives, a microcap company in the plastic products industry, has been receiving a "Sell" call from MarketsMOJO. The stock opened today with a gain of 4.77%, but has underperformed the sector by -1.06%. In the last two days, the stock has been on a downward trend, with a fall of -3.16% in returns. However, it is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the overall performance of the Sensex, Sonal Adhesives has not fared well. Its 1-day performance is -0.36% while the Sensex has shown a positive performance of 0.25%. Similarly, in the last month, Sonal Adhesives has outperformed the Sensex with a 28.53% return, while the Sensex has only shown a 3.94% return.

Despite the recent dip in performance, Sonal Adhesives has shown a strong overall performance in the past month. However, with the "Sell" call from MarketsMOJO, investors may want to exercise caution and do their own research before making any investment decisions. It is important to note that this article is purely informative and does not offer any recommendations or mention any potential future potential.
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