Heubach Colorants India's Stock Sees -9.01% Decline, Underperforms Market on August 13, 2024
On August 13, 2024, Heubach Colorants India's stock price declined by -9.01%, leading to a 'Hold' call by MarketsMojo. The stock has been on a downward trend for the past three days, with a fall of -3.27%. However, its moving averages are still higher than its 50-day and 100-day averages. Compared to the overall market performance, the stock has underperformed with a -9.01% decline. Investors should closely monitor the stock's performance, but this article is based on factual information and does not make any recommendations or predictions.
Heubach Colorants India, a smallcap company in the dyes and pigments industry, saw a decline of -9.01% in its stock price on August 13, 2024. This underperformance was reflected in the stock's 'Hold' call by MarketsMOJO.
The stock has been on a downward trend for the past three days, with a fall of -3.27% during this period. On the day of the decline, the stock touched an intraday low of Rs 478, showing a decrease of -2.99%. However, the stock's moving averages are still higher than its 50-day and 100-day averages, but lower than its 5-day, 20-day, and 200-day averages.
In comparison to the overall market performance, Heubach Colorants India's stock has underperformed, with a -9.01% decline compared to the Sensex's -0.90% decline on the same day. Over the past month, the stock has also seen a decline of -0.47%, while the Sensex has seen a decline of -1.97%.
Heubach Colorants India is a smallcap company in the dyes and pigments industry, and its stock performance should be closely monitored by investors. However, it is important to note that this article is based on factual information and does not include any external data or sources. As such, it should not be considered as a recommendation or prediction for the future potential of the company.
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