Rattanindia Power Ltd's Stock Rated as 'Strong Sell' by Leading Analysis Platform

Rattanindia Power Ltd, a midcap company in the power industry, has been making headlines in the stock market recently. The company's stock, which is listed on the Indian stock exchange, opened with a gain of 4.46% today. However, according to MarketsMOJO, a leading stock market analysis platform, the stock is currently rated as a 'Strong Sell'.

In terms of performance, Rattanindia Power Ltd has outperformed the sector by 2.4% today. The company's moving averages are also higher than the 5 day, 20 day, 50 day, and 200 day moving averages. However, it is worth noting that the stock is currently lower than the 100 day moving average.

In comparison to the overall market performance, Rattanindia Power Ltd has shown a 1 day performance of 3.37%, while the Sensex has only seen a 0.35% increase. Similarly, in the past month, the company's stock has outperformed the Sensex by 4.17% compared to the market's 1.13% increase.

Despite the positive performance of Rattanindia Power Ltd, MarketsMOJO's 'Strong Sell' rating may be a cause for concern for investors. It is important to note that this rating is based on fact-based analysis and not influenced by any external factors such as investor interest or expert opinions. As a midcap company in the power industry, Rattanindia Power Ltd's stock performance will continue to be closely monitored by investors and analysts.