Uno Minda's Stock Sees Dip, But Remains a Promising Investment Option

May 31 2024 01:05 PM IST
share
Share Via
Uno Minda, a leading player in the auto ancillary industry, has recently seen a dip in its stock price. Despite this, the stock has been performing well and is currently lower than the 5-day moving average. With a 'Buy' call by MarketsMojo and consistent growth, Uno Minda is a promising investment option in the auto ancillary sector.


Uno Minda, a leading player in the auto ancillary industry, has recently seen a dip in its stock price. On May 31st, the company's stock lost -3.04%, underperforming the sector by -2.95%. This has led to a 'Buy' call by MarketsMOJO, indicating a positive outlook for the company.

Despite the recent dip, Uno Minda's stock has been performing well in the market. It has been consistently higher than the 20-day, 50-day, 100-day, and 200-day moving averages. However, it is currently lower than the 5-day moving average.

In the last 2 days, the stock has fallen by -3.37%, reaching an intraday low of Rs 836.05. This could be a good opportunity for investors to buy the stock at a lower price.

In comparison to the Sensex, Uno Minda's 1-day performance is -3.13%, while the Sensex has seen a positive performance of 0.22%. Similarly, in the last 1 month, Uno Minda has outperformed the Sensex with a 13.08% return, while the Sensex has seen a negative return of -0.58%.

Uno Minda's strong performance in the market and the 'Buy' call by MarketsMOJO make it a promising investment option for investors. With its consistent growth and positive outlook, Uno Minda is a company to watch out for in the auto ancillary industry.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News