Unitech's Stock Receives 'Strong Sell' Rating from MarketsMOJO Amid Underperformance

Unitech, a smallcap real estate company, has been in the news recently due to its stock performance. According to MarketsMOJO, the stock has been given a 'Strong Sell' call, indicating a negative outlook for the company.

Despite opening with a gain of 5.0% today, Unitech's stock has been underperforming in the market. In fact, it has outperformed the sector by only 3.16% today. This is a significant drop from its consecutive gain of 10.13% in the last two days.

Looking at the moving averages, Unitech's stock is currently higher than its 200 day moving average. However, it is lower than its 5 day, 20 day, 50 day, and 100 day moving averages. This suggests that the stock may not be performing as well as it has in the past.

In comparison to the Sensex, Unitech's stock has performed better in the last 1 day, with a 5.00% gain compared to the Sensex's 0.76%. However, in the last 1 month, the stock has seen a significant decline of -39.37%, while the Sensex has remained relatively stable with a 0.04% performance.

Overall, Unitech's stock performance has been lackluster and it has been advised to be a 'Strong Sell' by MarketsMOJO. As a smallcap company in the real estate industry, it is important for investors to carefully consider their options before making any decisions regarding Unitech's stock.