John Cockerill India's Stock Falls -7.78% in Line with Sector Underperformance

John Cockerill India, a smallcap company in the engineering and industrial equipment industry, saw a decline of -7.78% in its stock price on August 1, 2024. This decline was in line with the overall underperformance of the sector, with the stock falling -7.81% below the sector's performance.

The stock has been on a downward trend for the past two days, with a consecutive fall of -8.79% in this period. It opened with a loss of -4.53% today and touched an intraday low of Rs 5318.35, a decrease of -9.71%.

Despite this recent decline, John Cockerill India's moving averages are still higher than the 50-day, 100-day, and 200-day averages. However, it is currently lower than the 5-day and 20-day averages.

In comparison to the Sensex, John Cockerill India's performance in the past day and month has been -7.78% and -7.97%, respectively. This is significantly lower than the Sensex's performance of 0.38% and 3.24% in the same time periods.

MarketsMOJO has given a 'Sell' call for John Cockerill India's stock, based on its recent performance. Investors should keep an eye on the company's future performance and market trends before making any investment decisions.