Credo Brands Marketing's Stock Performance Declines, Receives 'Hold' Call from MarketsMOJO

Credo Brands Marketing, a smallcap company in the retailing industry, has been facing a downward trend in its stock performance. On October 7th, 2024, the company's stock lost -7.62% of its value, underperforming the sector by -3.08%. This has led to a 'Hold' call by MarketsMOJO.

The stock has been on a consecutive fall for the last 8 days, with a total decline of -13.22% during this period. On the same day, the stock touched an intraday low of Rs 181.25 (-6.33%). While the stock's moving averages are higher than the 100-day moving average, they are lower than the 5-day, 20-day, 50-day, and 200-day moving averages.

The retailing sector as a whole has also seen a decline of -3.87%. In comparison, Credo Brands Marketing's 1-day performance is -6.98% while the Sensex's performance is -0.14%. Similarly, the company's 1-month performance is -9.09% while the Sensex's performance is 0.49%.

It is important to note that this article is based on factual information and does not include any external data or sources. As a smallcap company in the retailing industry, Credo Brands Marketing's stock performance may be affected by various factors such as market conditions and company-specific developments. Investors are advised to do their own research and consult with a financial advisor before making any investment decisions.