Paushak's Stock Sees Decline, Underperforms Sector by -5.47%: MarketsMOJO Calls 'Hold'

Aug 05 2024 11:05 AM IST
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Paushak, a smallcap company in the pesticides and agrochem industry, has recently experienced a decline in its stock price, with a -7.21% loss on August 5th, 2024. Despite this, the company's moving averages remain higher, indicating a positive long-term trend. In comparison to the market, Paushak's stock has underperformed in the past 1 day and 1 month. This article is based on factual information and does not provide any recommendations or predictions. Investors are advised to conduct their own research and seek professional advice before investing.

Paushak, a smallcap company in the pesticides and agrochem industry, has recently seen a decline in its stock price. On August 5th, 2024, the company's stock lost -7.21%, underperforming the sector by -5.47%. This has led to a 'Hold' call by MarketsMOJO for Paushak's stock.

The stock opened with a gap down of -7.29% and touched an intraday low of Rs 5660.05, a decrease of -7.94%. However, Paushak's moving averages are still higher than the 20 day, 50 day, 100 day, and 200 day moving averages, indicating a positive trend in the long term.

In comparison to the overall market performance, Paushak's stock has underperformed in the past 1 day and 1 month, with a decline of -6.96% and -2.38% respectively. In comparison, the Sensex has seen a decline of -2.69% and -1.49% in the same time periods.

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 predictions about the future potential of Paushak's stock. Investors are advised to do their own research and consult with financial experts before making any investment decisions.
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