Yamuna Syndicate's Stock Sees Decline, Underperforms Sector and Market

Yamuna Syndicate, a smallcap company in the auto-tractor industry, has recently seen a decline in its stock price. On July 2nd, 2024, the company's stock lost -7.56%, underperforming the sector by -6.58%. This marks the second consecutive day of losses for the company, with a total decline of -16.8% in this period.

The stock's intraday low was Rs 52000, a decrease of -7.56% from the previous day. However, despite this recent decline, the stock's moving averages are still higher than the 20, 50, 100, and 200 day moving averages. It is only lower than the 5 day moving average.

In comparison to the overall market performance, Yamuna Syndicate's stock has underperformed. On the day of the decline, the company's stock saw a -7.56% decrease, while the Sensex only saw a -0.05% decrease. In the past month, the company's stock has seen a 67.74% increase, while the Sensex has only seen a 7.41% increase.

While there has been no official statement from the company, market experts at MarketsMOJO have recommended a 'Sell' call for Yamuna Syndicate's stock. This news may be concerning for investors, but it is important to note that this is a fact-based analysis and does not include any external data or sources. As always, it is important for investors to conduct their own research and make informed decisions when it comes to their investments.