Avadh Sugar & Energy's Stock Declines by -7.27% on October 7th, Rated as 'Hold' by MarketsMOJO.

Avadh Sugar & Energy, a smallcap company in the sugar industry, has seen a decline in its stock price by -7.27% on October 7th, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Hold'.

The stock has underperformed the sector by -2.12% and has been on a consecutive fall for the last 3 days, with a total decline of -11.77% during this period. On the day of October 7th, the stock reached an intraday low of Rs 711.45, showing a decrease of -8%. The stock has also shown high volatility with an intraday volatility of 5.75%, calculated from the weighted average price.

Despite the recent decline, Avadh Sugar & Energy's moving averages are still higher than the 50 day, 100 day, and 200 day moving averages. However, they are lower than the 5 day and 20 day moving averages. In the sugar industry, the stock has fallen by -5.14%.

In comparison to the Sensex performance, Avadh Sugar & Energy's 1 day performance is -7.27% while the Sensex has only declined by -0.74%. Similarly, in the past month, the stock has seen a decline of -0.95% while the Sensex has only declined by -0.12%.

Overall, Avadh Sugar & Energy's recent stock performance has been on a downward trend. Investors should keep an eye on the stock's movement and consider the current market conditions before making any investment decisions.