IL&FS Investment Managers Receives 'Sell' Rating and Faces Decline in Stock Performance

IL&FS Investment Managers, a microcap finance company, has recently been given a 'Sell' rating by MarketsMOJO. This comes after the company's stock has been underperforming in the market, with a -0.77% difference from the sector's performance. In the last two days, the stock has fallen by -1.89%, indicating a consecutive decline.

According to the latest bulk deals data, Graviton Research Capital Llp has been actively buying and selling shares of IL&FS Investment Managers. On 18th December 2023, the company bought 16.14 lacs shares at Rs 13.6 on NSE, and sold the same number of shares at Rs 13.65 on the same day. Similarly, on 15th December 2023, Graviton Research Capital Llp bought 17.18 lacs shares at Rs 12.83 and sold them at Rs 12.87 on NSE.

Despite the recent decline in stock price, IL&FS Investment Managers' moving averages are still higher than the 20 day, 50 day, 100 day, and 200 day moving averages. However, it is lower than the 5 day moving average. This indicates a mixed trend in the company's stock performance.

One positive aspect for investors is the high dividend yield of 6.67% at the current price. This could potentially attract investors looking for a steady income from their investments.

In comparison to the Sensex, IL&FS Investment Managers' performance has been lower in both the short and long term. In the last 1 day, the stock's performance was -0.58% compared to Sensex's 0.25%. In the last 1 month, the stock has seen a significant increase of 22.15%, while the Sensex has only seen a 3.94% increase.

Overall, IL&FS Investment Managers' stock has been facing some challenges in the market, with a 'Sell' rating from MarketsMOJO and consecutive decline in stock price. However, the company's moving averages and high dividend yield could still make it an attractive option for some investors.