GIC Housing Finance's Stock Sees Decline in Line with Overall Finance Sector Performance

GIC Housing Finance, a smallcap company in the finance industry, has been in the news recently due to its stock performance. On March 13, 2024, the company's stock saw a decline of -7.48%, closing at Rs. 196.85. This decline was in line with the overall performance of the finance sector.

According to MarketsMOJO, a leading stock analysis platform, the current stock call for GIC Housing Finance is 'Sell'. The stock has been on a downward trend for the past three days, with a consecutive fall of -12.16% during this period. The stock also saw high volatility, with an intraday volatility of 5.37%.

GIC Housing Finance's stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The finance-housing sector as a whole has also seen a decline of -6.59%.

In comparison to the Sensex, GIC Housing Finance's 1-day performance was -7.60%, while the Sensex saw a decline of -1.39%. Similarly, the company's 1-month performance was -15.97%, while the Sensex saw a positive growth of 1.53%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of GIC Housing Finance. As with any investment, it is always advisable to conduct thorough research and consult with a financial advisor before making any decisions.