Sonal Adhesives' Stock Receives 'Sell' Rating After Bulk Deal and Underperformance

Sonal Adhesives, a microcap company in the plastic products industry, has been in the news recently due to a stock call by MarketsMOJO. The stock has been given a 'Sell' rating, indicating a potential decline in its value. This news comes after the company's recent bulk deal, where Kailashben Ashokkumar Patel sold 36.77 thousand shares at a price of Rs 97.41 on the Bombay Stock Exchange.

In terms of performance, Sonal Adhesives has underperformed the sector by -1.06% today. The stock has also been on a consecutive fall for the last two days, with a decline of -3.16% during this period. However, the company's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which could indicate a potential rebound in the future.

Comparing Sonal Adhesives' performance to the overall market, the stock has shown a -0.36% decline in the last day, while the Sensex has seen a 0.25% increase. Over the past month, Sonal Adhesives has outperformed the Sensex with a 28.53% return, compared to the Sensex's 3.94% return.

It is important to note that this news and performance analysis is based on facts and data, without any mention of future potential or expert opinions. As a microcap company in the plastic products industry, Sonal Adhesives' stock performance will continue to be closely monitored by investors.