Vakrangee Stock Sees -9.98% Decline, Still Outperforms Sector in Long Term

Vakrangee, a smallcap IT software company, has seen a decline of -9.98% in its stock price on October 4th, 2024. According to MarketsMOJO, the stock is currently rated as 'Hold' and has been a part of the Hidden Turnaround list since May 9th, 2024.

The stock has underperformed the sector by -7.21% and has been on a downward trend for the past three days, with a fall of -10.78% during this period. On October 4th, the stock touched an intraday low of Rs 31.44, showing a decrease of -7.99%. The stock has also been highly volatile, with an intraday volatility of 5.7%.

Despite the recent decline, Vakrangee is still trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This indicates that the stock has been performing well in the long term.

In comparison to the Sensex, Vakrangee's performance on October 4th was -9.98%, while the Sensex's performance was -0.83%. However, in the past month, Vakrangee has outperformed the Sensex with a return of 51.23%, while the Sensex's return was -0.66%.

Investors should keep an eye on Vakrangee's performance in the coming days to see if the stock can bounce back from its recent decline.