National Standard (India) Ltd Outperforms Sector with 4.3% Gain, Mixed Moving Averages

Nov 14 2024 10:35 AM IST
share
Share Via
National Standard (India) Ltd, a midcap company in the metal-ferrous industry, opened with a gain of 4.3% and outperformed the sector by 7.06%. The stock's trend has reversed after two days of falling, but its moving averages are mixed. It has shown a strong 1-day performance and has outperformed the Sensex in the past month. MarketsMojo has given a 'Sell' call for the stock.

National Standard (India) Ltd, a midcap company in the metal-ferrous industry, saw a positive start to the day as its stock opened with a gain of 4.3%. This outperformed the sector by 7.06%, indicating a strong performance by the company.

The stock's trend has also reversed after two consecutive days of falling, which is a positive sign for investors. It opened with a gap up at Rs 4489.95 and has since traded at this price, showing no significant range.

However, the stock's moving averages are a mixed bag, with it being higher than the 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. This suggests that the stock may not have a clear trend at the moment.

In comparison to the overall market performance, National Standard (India) Ltd has shown a strong 1-day performance of 4.30%, while the Sensex only saw a 0.14% increase. Over the past month, the company's stock has also outperformed the Sensex with a 0.67% increase, while the Sensex saw a decline of -5.09%.

Based on these numbers, MarketsMOJO has given a 'Sell' call for National Standard (India) Ltd. However, it is important to note that this is not a recommendation and should not be taken as financial advice. Investors should always do their own research and make informed decisions when it comes to their investments.
{{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