Allied Blenders & Distillers Stock Sees -5.98% Decline, MarketsMOJO Calls 'Sell'

Allied Blenders & Distillers, a midcap company in the breweries and distilleries industry, has seen a decline in its stock price by -5.98% on October 22, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which is 'Sell'. The stock has underperformed the sector by -4.52% and has been on a consecutive fall for the last 4 days, with a total decline of -9.93% during this period.

On October 22, the stock touched an intraday low of Rs 304.35, which is a decrease of -4.67%. The stock is currently trading lower than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a downward trend.

In comparison to the overall market performance, Allied Blenders & Distillers has shown a decline of -5.25% in just one day, while the Sensex has only declined by -1.21%. In the past month, the company's stock has seen a decline of -12.82%, while the Sensex has only declined by -5.18%.

Investors should keep an eye on Allied Blenders & Distillers as it continues to face a downward trend in its stock price. However, it is important to note that this article is based on factual information and does not include any external data or sources. It is always recommended to do your own research and consult with a financial advisor before making any investment decisions.