MOIL Stock Declines by -5.03% on October 7th, Underperforming Sector and Benchmark Index.

MOIL ., a midcap mining and minerals company, has seen a decline in its stock price by -5.03% on October 7th, 2024. This underperformance is reflected in the stock's current 'Hold' rating by MarketsMOJO.

In the past four days, MOIL's stock has been on a downward trend, with a total loss of -10.14%. On October 7th, the stock hit an intraday low of Rs 360.7, representing a -7.13% decrease. Additionally, MOIL is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

The mining and minerals sector as a whole has also seen a decline of -3.67%, further contributing to MOIL's underperformance. In comparison, the Sensex, India's benchmark index, has only seen a -0.33% decrease on the same day.

Looking at the longer term performance, MOIL's stock has seen a -4.56% decrease in just one day, while the Sensex has only seen a -0.33% decrease. Over the past month, MOIL's stock has seen a -6.68% decrease, while the Sensex has seen a 0.29% increase.

Overall, MOIL's stock has been on a downward trend, underperforming both the sector and the benchmark index. Investors may want to closely monitor the company's performance in the coming days to make informed decisions.