Jyoti Resins and Adhesives Ltd underperforms with 'Sell' call from MarketsMOJO

Jyoti Resins and Adhesives Ltd, a smallcap company in the chemicals 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 -10.44% on the day of opening. This underperformance is -2.87% compared to the sector.

The stock opened with a gap down of -10.44% and touched an intraday low of Rs 1250. It has also been highly volatile today, with an intraday volatility of 5.23%. This is calculated from the weighted average price.

In terms of moving averages, Jyoti Resins is currently trading lower than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This indicates a downward trend in the stock's performance.

In comparison to the Sensex, Jyoti Resins has underperformed with a -4.56% performance in the past day and a 8.74% performance in the past month. This is in contrast to the Sensex's -1.03% and 1.15% performance, respectively.

While there has been no mention of investor interest or expert opinions, the stock's performance speaks for itself. With a 'Sell' call from MarketsMOJO and a downward trend in moving averages, it may be wise for investors to approach Jyoti Resins and Adhesives Ltd with caution.