Sportking India's Stock Sees Positive Trend, Gains 8.16% on October 8th

Oct 08 2024 02:30 PM IST
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On October 8th, 2024, Sportking India's stock gained 8.16% and closed at Rs. 115.5 on the BSE, in line with the Sensex's 0.85% increase. According to MarketsMojo, the stock is currently rated 'Hold' and has been on their Hidden Turnaround list since July 26th. It has outperformed the sector by 5.16% and showed a strong performance in the past month compared to the Sensex.

Sportking India, a smallcap company in the textile industry, saw a positive trend in its stock performance on October 8th, 2024. The stock gained 8.16% and closed at Rs. 115.5 on the BSE. This performance was in line with the overall market trend, as the Sensex saw a 0.85% increase on the same day.

According to MarketsMOJO, a leading stock analysis platform, the current stock call for Sportking India is 'Hold'. The stock has been a part of the Hidden Turnaround list on MarketsMOJO since July 26th, 2024.

In terms of price summary, Sportking India's stock has outperformed the sector by 5.16% on October 8th. The stock also touched an intraday high of Rs. 117.4, showing a 7.66% increase. However, it is currently trading higher than its 5-day, 100-day, and 200-day moving averages, but lower than its 20-day and 50-day moving averages.

Compared to the Sensex, Sportking India's stock has shown a strong performance in the past month, with a 1-month performance of -21.24% compared to the Sensex's 0.68% increase.

Overall, Sportking India's stock has shown a positive trend in its performance, with a strong gain on October 8th and a consistent presence on MarketsMOJO's Hidden Turnaround list. Investors may want to keep an eye on this smallcap company in the textile industry.
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