NHPC Stock Drops by -3.03% on November 29, 2024, Reflecting 'Strong Sell' Recommendation by MarketsMOJO.

NHPC, a leading power generation and distribution company in India, has seen a decline in its stock price by -3.03% on November 29, 2024. This drop in stock value has been reflected in the recent stock call by MarketsMOJO, which has given a 'Strong Sell' recommendation for NHPC.

The stock has underperformed the sector by -2.82% and has shown a trend reversal after two consecutive days of gains. On the day of the decline, the stock touched an intraday low of Rs 80.97, showing a decrease of -3.09%. However, it is worth noting that the stock is currently trading higher than its 5-day moving average, but lower than its 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the overall performance of the Sensex, NHPC's 1-day performance has been -3.12%, while the Sensex has shown a positive performance of 0.89%. Similarly, in the past month, NHPC's performance has been 0.46%, while the Sensex has shown a decline of -0.77%.

While there has been a decline in NHPC's stock value, it is important to note that this article is purely based on factual information and does not include any external data or sources. It is important for investors to conduct their own research and analysis before making any investment decisions.