Granules India's Stock Sees -5.05% Decline, MarketsMOJO Gives 'Hold' Call

Granules India, a midcap pharmaceutical company, saw a decline of -5.05% in its stock price on November 13, 2024. The stock has been on a downward trend for the past three days, with a total loss of -8.52% during this period. This underperformance has led MarketsMOJO to give a 'Hold' call for the stock.

On the day of the decline, Granules India's stock touched an intraday low of Rs 532.75, a decrease of -4.79%. The stock's performance today was -3.03% lower than the pharmaceutical and drugs sector. However, the stock's moving averages show a mixed trend, with it being higher than the 200-day moving average but lower than the 5-day, 20-day, 50-day, and 100-day moving averages.

In comparison to the Sensex, Granules India's stock performance has been weaker. On the day of the decline, the stock's performance was -4.90% compared to the Sensex's -1.19%. Over the past month, the stock has seen a decline of -11.82%, while the Sensex has only seen a decline of -4.48%.

Overall, Granules India's stock has been on a downward trend and has underperformed both the sector and the Sensex. Investors may want to hold off on buying or selling this stock until there is a clearer trend in its performance.