Lotus Chocolate Company's Stock Sees Third Consecutive Day of Losses

Lotus Chocolate Company, a smallcap FMCG company, saw a decline in its stock price today. According to MarketsMOJO, the stock opened with a loss of -5.22% and underperformed the sector by -5.23%. This marks the third consecutive day of losses for the company, with a total decline of -12.98% in this period.

The stock also opened with a gap down of -5.22% and touched an intraday low of Rs 1245.85. Despite this, the stock's performance is still higher than its 200 day moving average, but lower than its 5 day, 20 day, 50 day, and 100 day moving averages.

In comparison to the Sensex, Lotus Chocolate Company's stock performance in the past day and month has been -4.83% and -19.08%, respectively. This is in contrast to the Sensex's performance of -0.26% and -4.74% in the same time periods.

While the stock call for Lotus Chocolate Company remains 'Hold' according to MarketsMOJO, investors should keep an eye on the company's performance in the coming days. As a smallcap FMCG company, Lotus Chocolate Company may face challenges in the current market conditions, but its long-term potential cannot be ignored.