Navneet Education's Stock Sees 7.0% Increase, Outperforms Sector Despite 'Sell' Call

Navneet Education, a smallcap company in the printing and publishing industry, saw a 7.0% increase in its stock price on March 14, 2024. This was in line with the overall performance of the sector, which gained 4.38% on the same day.

According to MarketsMOJO, a leading stock analysis platform, the stock of Navneet Education has been given a 'Sell' call. However, the company has outperformed the sector by 2.61% and has shown a trend reversal after three consecutive days of falling.

The stock touched an intraday high of Rs 141.15, which is a 7.38% increase from its previous closing price. However, it is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the overall market performance, Navneet Education has shown a strong 1-day performance of 7.04% while the Sensex only saw a 0.24% increase. However, in the past month, the stock has underperformed the Sensex with a -5.48% decrease compared to the market's 1.55% increase.

Overall, Navneet Education's stock performance has been volatile, but it has shown a positive trend in the short term. Investors should keep an eye on the company's future performance and market trends before making any investment decisions.