Grasim Industries' Stock Declines by -3.29% on November 7th, Rated as 'Hold' by MarketsMOJO.

Grasim Industries, a leading cement company in India, has seen a decline in its stock price by -3.29% on November 7th, 2024. This has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Hold'.

The stock has underperformed the sector by -1.34% today and has been on a consecutive fall for the last two days, with a decline of -3.72% in this period. The stock also touched an intraday low of Rs 2560.85, showing a decrease of -3.12%.

While the stock's performance is higher than the 200-day moving average, it is lower than the 5-day, 20-day, 50-day, and 100-day moving averages. This indicates a mixed trend in the stock's performance.

In comparison to the Sensex, Grasim Industries' 1-day performance is -3.36%, while the Sensex has performed -1.05%. Similarly, in the last 1 month, the stock has seen a decline of -5.78%, while the Sensex has declined by -1.87%.

As a largecap company in the cement industry, Grasim Industries' stock performance is closely watched by investors. However, it is important to note that this article is based on factual information and does not include any future potential, investor interest, or expert opinions. It is always advisable to do your own research and consult with a financial advisor before making any investment decisions.