SSIL's Stock Performance Outperforms Sector, But MarketsMOJO Issues 'Sell' Call

Jan 05 2024 08:11 PM IST
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Steel Strips Infrastructures Ltd (SSIL) is a microcap real estate company that has been in the news for its stock performance. According to MarketsMojo, the stock has been given a 'Sell' call and has seen a rise of 8.45% in returns over the last 4 days. However, it is important for investors to do their own research and consider MarketsMojo's recommendation before making any investment decisions.

Steel Strips Infrastructures Ltd (SSIL) is a microcap real estate company that has been in the news recently due to its stock performance. According to MarketsMOJO, the stock has been given a 'Sell' call, with the stock touching a price of 32.4 after reaching a low of 30.6.

In terms of performance, SSIL has outperformed the sector by 1.83% today. The stock has also been on a consecutive gain streak for the last 4 days, with a rise of 8.45% in returns during this period. However, it is important to note that while the stock is higher than the 5 day, 50 day, 100 day, and 200 day moving averages, it is lower than the 20 day moving average.

In comparison to the Sensex, SSIL has performed significantly better with a 2.56% increase in stock performance, while the Sensex only saw a 0.25% increase.

SSIL is a microcap company in the real estate industry, and while its stock performance has been positive in recent days, it is important for investors to do their own research and make informed decisions. MarketsMOJO's 'Sell' call should also be taken into consideration before making any investment decisions.
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