Ultramarine & Pigments' Stock Outperforms Sector, MarketsMOJO Gives 'Hold' Call

Oct 08 2024 03:30 PM IST
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On October 8th, 2024, Ultramarine & Pigments, a smallcap company in the dyes and pigments industry, saw a positive trend in its stock performance, gaining 7.06% and outperforming the sector by 1.22%. MarketsMojo has given a 'Hold' call for the stock. The stock's moving averages are higher than the 100-day and 200-day averages, but lower than the 5-day, 20-day, and 50-day averages. However, over the past month, the stock has underperformed the overall market. Investors should conduct further research before making any investment decisions.

Ultramarine & Pigments, a smallcap company in the dyes and pigments industry, saw a positive trend in its stock performance on October 8th, 2024. The stock gained 7.06%, outperforming the sector by 1.22%. MarketsMOJO has given a 'Hold' call for the stock.

The stock reached an intraday high of Rs 514, a 5.62% increase, and an intraday low of Rs 476, a -2.19% decrease. The stock's moving averages are higher than the 100-day and 200-day averages, but lower than the 5-day, 20-day, and 50-day averages.

In the dyes and pigments sector, Ultramarine & Pigments has gained 2.85%. In comparison, the Sensex performance was 0.76% on the same day.

Over the past month, Ultramarine & Pigments' stock performance was -2.52%, while the Sensex performance was 0.60%. This shows that the company's stock has not been performing as well as the overall market.

Investors should take note of Ultramarine & Pigments' recent stock performance and the 'Hold' call by MarketsMOJO. It is important to do further research and analysis before making any investment decisions.
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