GIC Housing Finance Ltd's Stock Faces Decline with 'Sell' Call from MarketsMOJO

GIC Housing Finance Ltd, a smallcap company in the finance industry, has been in the news recently due to its stock performance. According to MarketsMOJO, the stock has been given a 'Sell' call, with a loss of -10.34% on the day of opening. This is a significant drop for the company, which has been outperforming the sector by 1.08% until now.

The stock has been on a downward trend for the past three days, with a consecutive fall of -8.89% in returns. Today, it opened with a gap down of -10.34%, touching an intraday low of Rs 225.05. The stock has also shown high volatility, with an intraday volatility of 26.44%.

Despite these recent losses, GIC Housing Finance Ltd's moving averages are still higher than the 100-day and 200-day moving averages. However, they are lower than the 5-day, 20-day, and 50-day moving averages. This indicates a mixed trend for the company's stock.

In comparison, the finance-housing sector has also seen a decline of -2.17%. On a positive note, GIC Housing Finance Ltd currently has a high dividend yield of 3.59% at the current price.

In the past month, the company's stock has underperformed the Sensex by -9.76%, while the Sensex itself has seen a decline of -0.78%. This shows that GIC Housing Finance Ltd's stock has been hit harder than the overall market.

Overall, GIC Housing Finance Ltd's stock has been facing a downward trend in the past few days, with a 'Sell' call from MarketsMOJO. Investors should keep an eye on the company's performance and market trends before making any investment decisions.