Aadhar Housing Finance Stock Sees -3.19% Dip, Rated 'Hold' by MarketsMOJO

Aadhar Housing Finance, a leading finance company in the NBFC sector, has seen a dip in its stock price by -3.19% on September 26, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Hold'.

The stock has underperformed the sector by -3.69% and has been on a consecutive fall for the last two days, with a decline of -4.41% during this period. On the same day, the stock touched an intraday low of Rs 487.65, showing a decrease of -3.63%.

However, despite this recent dip, Aadhar Housing Finance is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock in the long run.

In comparison to the overall market performance, Aadhar Housing Finance has shown a decline of -3.53% in the last 1 day, while the Sensex has seen a slight increase of 0.15%. However, in the last 1 month, the company's stock has outperformed the Sensex with a growth of 22.74% compared to the market's 4.41% growth.

As a largecap company in the finance sector, Aadhar Housing Finance continues to be a strong player in the market. While the recent dip in its stock price may be a cause for concern, the company's overall performance and positive trend suggest a potential for growth in the future. Investors are advised to keep a close eye on the company's stock and make informed decisions based on their own research and analysis.