Lloyds Engineering Works Stock Declines by -5.19% and Rated as 'Hold' by MarketsMOJO

Lloyds Engineering Works, a midcap company in the steel/sponge iron/pig iron industry, has seen a decline in its stock price by -5.19% on October 7th, 2024. According to MarketsMOJO, the stock is currently rated as 'Hold'.

In today's trading session, Lloyds Engineering Works underperformed the sector by -2.94%. The stock has been on a downward trend for the past 5 days, with a fall of -12.33% during this period. The stock also experienced high volatility, with an intraday volatility of 5.23%.

The stock's intraday high was Rs 78.5, a 2.28% increase from the previous day's close, while the intraday low was Rs 72.07, a -6.1% decrease. Lloyds Engineering Works' stock price is currently higher than its 200 day moving average, but lower than its 5 day, 20 day, 50 day, and 100 day moving averages.

In the steel/sponge iron/pig iron sector, Lloyds Engineering Works' stock has fallen by -2.31%. This decline in the sector may have contributed to the stock's underperformance today.

Compared to the Sensex, Lloyds Engineering Works' stock performance in the past day and month has been -5.41% and -4.06% respectively, while the Sensex has performed at -0.62% and 0.00%.

Overall, Lloyds Engineering Works' stock has seen a decline in its price and is currently rated as 'Hold' by MarketsMOJO. Investors should keep an eye on the stock's performance in the coming days to make informed decisions.