Mukka Proteins Ltd's Stock Price Surges 7.16% Outperforming Sector by 5.33%

Aug 19 2024 01:35 PM IST
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Mukka Proteins Ltd, a smallcap aquaculture company, saw a 7.16% increase in its stock price on August 19, 2024, outperforming the sector by 5.33%. The stock has been on a consecutive gain for the last two days, with a total return of 9.84%. However, MarketsMojo has given it a 'Strong Sell' rating, urging caution for potential investors.

Mukka Proteins Ltd, a smallcap aquaculture company, saw a 7.16% increase in its stock price on August 19, 2024. This outperformed the sector by 5.33%, indicating a positive trend for the company. The stock has been on a consecutive gain for the last two days, with a total return of 9.84% during this period.

On the same day, the stock reached an intraday high of Rs 49.24, showing a strong performance. The stock's moving averages are also positive, with it being higher than the 5-day, 50-day, 100-day, and 200-day moving averages. However, it is lower than the 20-day moving average.

In comparison to the Sensex performance, Mukka Proteins Ltd has shown a 1-day performance of 8.79%, while the Sensex has only seen a -0.01% change. Similarly, in the last month, the company's performance has been 2.84%, while the Sensex has seen a -0.22% change.

Mukka Proteins Ltd is a smallcap company in the aquaculture industry. While the stock has shown a positive trend, it is important to note that MarketsMOJO has given it a 'Strong Sell' rating. This means that investors should carefully consider their options before making any investment decisions.
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