Standard Capital Markets Hits 52-Week Low, Underperforming Sector by -16.86%
Standard Capital Markets, a microcap finance company, has hit a 52-week low on October 11, 2024. The stock has been underperforming the sector by -16.86% and has been on a downward trend for the past three days, with a fall of -19.87% in returns. MarketsMojo has given a 'Sell' call and the stock is trading below its moving averages. In comparison to the Sensex, the company has had a negative performance of -16.39% in the past year, highlighting its underperformance in the finance/NBFC industry. Investors and experts are advised to closely monitor the company's performance and make informed decisions based on their own research.
Standard Capital Markets, a microcap finance company, has recently hit a 52-week low on October 11, 2024. The stock has been underperforming the sector by -16.86% and has been on a downward trend for the past three days, with a fall of -19.87% in returns during this period.
According to MarketsMOJO, the stock has been given a 'Sell' call. The current price of Rs.1.2 is the lowest it has been in the past year. Standard Capital Markets is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.
In comparison to the Sensex, Standard Capital Markets has had a negative performance of -16.39% in the past year, while the Sensex has seen a positive growth of 22.43%. This highlights the underperformance of the company in the finance/NBFC industry.
Investors and experts are advised to closely monitor the performance of Standard Capital Markets and make informed decisions based on their own research and analysis. This news article is for informational purposes only and does not offer any recommendations or predictions for the future potential of the company.
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