GE Power India Ltd's Stock Performance Declines, Receives 'Sell' Call from MarketsMOJO

GE Power India Ltd, a smallcap company in the capital goods industry, has been in the news recently due to its stock performance. According to MarketsMOJO, a leading stock analysis platform, the stock has been given a 'Sell' call. It has also been identified as a part of the Hidden Turnaround on MarketsMOJO since May 22, 2024.

Today, the stock opened with a loss of -5.12%, underperforming the sector by -4.19%. This marks the third consecutive day of losses for the stock, with a total decline of -6.72% in this period. The stock also opened with a gap down of -5.12% and touched an intraday low of Rs 371.

In terms of moving averages, the stock is currently higher than its 200 day moving average but lower than its 5 day, 20 day, 50 day, and 100 day moving averages. This indicates a mixed trend for the stock.

Comparing the performance of GE Power India Ltd with the Sensex, the stock has underperformed in the last 1 day and 1 month, with returns of -4.99% and -7.93% respectively, while the Sensex has seen a decline of -0.31% and -4.22% in the same periods.

Investors and experts are advised to exercise caution while considering GE Power India Ltd as an investment option, as the stock has been showing a downward trend in recent times. This information is based on facts and figures provided by MarketsMOJO and does not include any external data or sources.