Niyogin Fintech Receives 'Sell' Call from MarketsMOJO, Carmignac Portfolio Sells Shares

Jan 05 2024 06:31 PM IST
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Niyogin Fintech, a microcap company in the finance/NBFC industry, received a 'Sell' call from MarketsMojo and saw a well-known investment firm sell 3 lakh shares. However, Think India Opportunities Master Fund Lp purchased 29.24 lakh shares on the same day. The stock is currently trading lower than its 52-week high but has been performing in line with the sector and has outperformed the Sensex in the past month.

Niyogin Fintech, a microcap company in the finance/NBFC industry, has recently received a 'Sell' call from MarketsMOJO. This comes after Carmignac Portfolio, a well-known investment firm, sold 3 lakh shares of Niyogin Fintech at a price of Rs 64.85 on the Bombay Stock Exchange (BSE). On the same day, Think India Opportunities Master Fund Lp purchased 29.24 lakh shares of Niyogin Fintech at a price of Rs 64.8 on BSE.

The stock is currently trading at a price that is 4.8% lower than its 52-week high of Rs 97.99. However, it has been performing in line with the sector and has been on a consecutive gain for the past two days, with a 0.42% increase in returns. Niyogin Fintech is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In terms of performance, Niyogin Fintech has outperformed the Sensex in the past month with a 27.53% increase compared to the Sensex's 3.94% increase. However, its performance in the past day is not available.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or discuss potential future developments. As a microcap company in the finance/NBFC industry, Niyogin Fintech continues to make strides in the market and its performance should be closely monitored by investors.
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