Saraswati Commercial (India) Ltd Receives 'Hold' Rating from MarketsMOJO Amidst Recent Losses

Saraswati Commercial (India) Ltd, a smallcap company in the finance/NBFC industry, has been given a 'Hold' call by MarketsMOJO. The stock opened today with a loss of -5.36%, underperforming the sector by -2.36%. It also opened with a gap down at -5.36% and touched an intraday low of Rs 20012.05 (-5.47%).

Despite these recent losses, the stock's moving averages are still higher than the 50 day, 100 day, and 200 day moving averages. However, it is currently lower than the 5 day and 20 day moving averages.

In comparison to the Sensex performance, Saraswati Commercial (India) Ltd's 1 day performance is -3.64% while the Sensex's performance is -0.56%. Over the past month, the company's performance has been -10.79% compared to the Sensex's -2.89%.

While the stock may have underperformed in the short term, it is important to note that it is a smallcap company in the finance/NBFC industry. Investors should carefully consider their options and do their own research before making any decisions. This information is provided for informational purposes only and should not be taken as a recommendation.