Medi Assist Healthcare Services Shows Strong Rebound Amid Market Volatility
Medi Assist Healthcare Services experienced a notable rebound on January 14, 2025, following three days of decline, outperforming the miscellaneous sector. The stock showed high volatility during trading, reaching an intraday high and maintaining positions above several moving averages, despite a slight negative performance over the past month.
Medi Assist Healthcare Services has shown a significant increase of 7.52% on January 14, 2025, marking a notable turnaround after three days of decline. This performance outpaced the miscellaneous sector by 5.18%, indicating a strong rebound for the small-cap company. During the trading session, the stock reached an intraday high of Rs 625.15, reflecting a rise of 9.23%.The stock exhibited high volatility, with an intraday fluctuation of 5.34%. In terms of moving averages, Medi Assist is currently above the 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average.
In the broader market context, the miscellaneous sector has gained 2.12%. Over the past month, Medi Assist's performance has been slightly negative, with a decline of 1.18%, contrasting with the Sensex's decrease of 6.86%.
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