Engineers India Stock Drops by -5.39% on October 7th, Labeled as 'Sell' by MarketsMOJO.

Oct 07 2024 11:00 AM IST
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On October 7th, 2024, Engineers India, a midcap engineering company, saw a decline in its stock price by -5.39%. This was reflected in the stock call given by MarketsMojo, labeling it as a 'Sell'. The stock is currently trading below its moving averages and has underperformed the sector by -3.35%.

Engineers India ., a midcap engineering company, has seen a decline in its stock price by -5.39% on October 7th, 2024. This drop in stock value has been reflected in the stock call given by MarketsMOJO, which has labeled it as a 'Sell'.

The stock's performance today has been underwhelming, as it has underperformed the sector by -3.35%. The day's low for Engineers India was Rs 193, which is a decrease of -4.62% from its previous closing price. The stock is currently trading below 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, Engineers India has not fared well. Its 1 day performance is -5.76%, while the Sensex has only seen a decrease of -0.25%. Over the past month, the stock has seen a decline of -12.40%, while the Sensex has shown a slight increase of 0.37%.

Despite these recent setbacks, Engineers India remains a midcap company in the engineering industry. As a neutral and informative news article, it is important to note that this article does not mention any future potential, investor interest, or expert opinions. The information provided is based on facts and data, without any recommendations.
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