HPL Electric & Power Ltd's Stock Experiences Losses, But Still Outperforms Sector

HPL Electric & Power Ltd, a smallcap company in the electric equipment industry, has been in the news recently due to its stock performance. According to MarketsMOJO, a leading stock analysis platform, the stock of HPL Electric & Power Ltd has been given a 'Hold' call.

The stock opened today with a loss of -6.39%, underperforming the sector by -1.51%. This is the fifth consecutive day of losses for the stock, with a total fall of -5.68% in this period. The stock also opened with a gap down of -6.39% today and touched an intraday low of Rs 530.25.

Despite these recent losses, HPL Electric & Power Ltd's moving averages are still higher than its 100 day and 200 day moving averages. However, it is currently lower than its 5 day, 20 day, and 50 day moving averages.

In comparison to the Sensex, HPL Electric & Power Ltd's 1 day performance is -2.22% while the Sensex's performance is -1.11%. Similarly, in the past month, the stock has underperformed the Sensex with a -9.35% return compared to the Sensex's 0.94% return.

Overall, HPL Electric & Power Ltd's stock has been experiencing some losses in the past few days, but it is still performing better than the sector and has a 'Hold' call from MarketsMOJO. Investors should keep an eye on the stock's performance in the coming days.