Patanjali Foods' Stock Sees Decline, Underperforms Sector and Sensex

Patanjali Foods, a leading FMCG company in India, has recently seen a decline in its stock price. On September 19, 2024, the company's stock lost -3.07%, underperforming the sector by -4.17%. This has led to a 'Hold' call by MarketsMOJO.

The stock has been on a consecutive fall for the last 2 days, with a decline of -5.55% during this period. On the same day, the stock touched an intraday low of Rs 1752.05, showing a decrease of -3.17%. However, the stock is still performing better than the 100-day and 200-day moving averages, but lower than the 5-day, 20-day, and 50-day moving averages.

In comparison to the Sensex performance, Patanjali Foods' stock has underperformed with a -3.10% return in the last 1 day, while the Sensex has shown a positive return of 0.25%. Similarly, in the last 1 month, the stock has seen a decline of -3.35%, while the Sensex has shown a positive return of 3.40%.

Despite the recent decline in stock price, Patanjali Foods remains a largecap company in the FMCG industry. As a fact-based style, it is important to note that this article does not mention any future potential, investor interest, or expert opinions. The information provided is solely based on the company's stock performance and moving averages.