Sundaram Finance Holdings Ltd sees dip in stock price, but moving averages show positive trend

Sundaram Finance Holdings Ltd, a midcap finance company, saw a dip in its stock price today as it opened with a loss of -6.47%. This underperformance of -2.85% compared to the sector may be a cause for concern for investors. However, the company's moving averages are still showing a positive trend, with higher values than the 20 day, 50 day, 100 day, and 200 day moving averages. The only exception is the 5 day moving average, which is currently lower.

In terms of performance, Sundaram Finance Holdings Ltd has not fared well in the past 1 day, with a -3.54% decrease, compared to the Sensex's -0.99% performance. However, the company has shown a strong 1 month performance of 30.18%, outperforming the Sensex's 1.19% growth.

While the stock call for Sundaram Finance Holdings Ltd by MarketsMOJO is 'Hold', investors may want to keep an eye on the company's performance in the coming days. With a strong 1 month performance and positive moving averages, the company may still have potential for growth in the finance/NBFC industry. However, it is important to note that this is not a recommendation and investors should do their own research before making any investment decisions.