ITD Cementation India's Stock Sees -5.04% Decline, MarketsMOJO Recommends 'Hold' Rating

ITD Cementation India, a midcap company in the capital goods industry, saw a decline of -5.04% in its stock price on November 21, 2024. This underperformance was reflected in the stock's performance today, as it underperformed the sector by -4.13%. The stock touched an intraday low of Rs 489.65, a decrease of -5.84% from the previous day's closing price.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current stock call for ITD Cementation India is 'Hold'. This recommendation is based on the company's recent performance and market trends.

In terms of moving averages, ITD Cementation India's 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 in the stock's performance.

Comparing the stock's performance to the overall market, ITD Cementation India's 1 day performance was -5.22% compared to the Sensex's -0.78%. Similarly, the stock's 1 month performance was -13.25% while the Sensex's was -5.14%.

Overall, ITD Cementation India's stock has seen a decline in its performance recently. However, with a 'Hold' recommendation from MarketsMOJO and a mixed trend in its moving averages, investors may want to keep an eye on the company's future performance before making any decisions.