Sportking India's Stock Sees -12.38% Decline, Remains Strong Player in Textile Industry

Nov 18 2024 03:30 PM IST
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Sportking India, a smallcap textile company, saw a -12.38% decline in its stock price on November 18, 2024. MarketsMojo has given a 'Hold' call for the stock and it has been on their Hidden Turnaround list since July 26, 2024. Despite underperforming the sector, the company remains a strong player in the industry.

Sportking India, a smallcap textile company, has seen a decline of -12.38% in its stock price on November 18, 2024. This has led to a 'Hold' call by MarketsMOJO, a leading stock market analysis platform. The stock has also been a part of the Hidden Turnaround list on MarketsMOJO since July 26, 2024.

On the day of the decline, Sportking India's stock underperformed the sector by -6.3% and touched an intraday low of Rs 93, a decrease of -6.77%. The stock is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

In comparison to the overall market performance, Sportking India's stock has seen a -12.38% decline, while the Sensex has only seen a -0.26% decline on the same day. Over the past month, the stock has seen a -24.53% decline, while the Sensex has seen a -4.74% decline.

Despite the recent decline in stock price, Sportking India remains a strong player in the textile industry. With its inclusion in the Hidden Turnaround list on MarketsMOJO, investors can keep an eye on the company's performance and make informed decisions.
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