Microcap Iron and Steel Company, Ashiana Ispat, Receives 'Strong Sell' Rating from MarketsMOJO

Jan 05 2024 07:44 PM IST
share
Share Via
Ashiana Ispat Ltd, a microcap company in the iron and steel industry, has been in the news for its stock performance. According to MarketsMojo, the stock has been given a 'Strong Sell' call and is currently outperforming the sector by 0.26%. However, it is lower than the 100-day and 200-day moving averages. In the past month, the stock has outperformed the Sensex with a 7.45% increase.


Ashiana Ispat Ltd, a microcap company in the iron and steel industry, has been in the news recently due to its stock performance. According to MarketsMOJO, a leading stock analysis and recommendation platform, the stock of Ashiana Ispat has been given a 'Strong Sell' call.

The stock opened today with a gain of 2.62%, outperforming the sector by 0.26%. However, when looking at the moving averages, it is observed that the stock is currently higher than the 5-day, 20-day, and 50-day moving averages, but lower than the 100-day and 200-day moving averages.

In terms of performance, Ashiana Ispat has shown a 1-day performance of 0.16%, which is lower than the Sensex's performance of 0.25%. However, over the past month, the stock has outperformed the Sensex with a 7.45% increase compared to the Sensex's 3.94% increase.

It is important to note that this news article is not making any recommendations or mentioning any potential for future growth. It is simply stating the facts and figures provided by MarketsMOJO. As a microcap company in the iron and steel industry, Ashiana Ispat's stock performance will continue to be closely monitored by investors and analysts.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News