PC Jeweller's Stock Declines by -5.0% on October 4th, MarketsMOJO Calls it a 'Sell'
On October 4th, 2024, PC Jeweller's stock saw a decline of -5.0% and was given a 'Sell' call by MarketsMojo. The stock has been underperforming the sector and has seen a consecutive fall for the last 3 days. Despite this, its moving averages are still higher than the 20, 50, 100, and 200 day averages.
PC Jeweller, a midcap company in the diamond and gold jewellery industry, has seen a decline of -5.0% in its stock on October 4th, 2024. This decline has been reflected in the stock call of 'Sell' given by MarketsMOJO. The stock has also been a part of the Hidden Turnaround on MarketsMOJO since August 16th, 2024.
In terms of price performance, PC Jeweller has underperformed the sector by -6.05% on the day. The stock has also been on a consecutive fall for the last 3 days, with a decline of -10.4% in this period. On October 4th, the stock touched an intraday low of Rs 158.8, a decrease of -5%.
Despite the recent decline, PC Jeweller's moving averages are still higher than the 20 day, 50 day, 100 day, and 200 day moving averages. However, it is currently lower than the 5 day moving average.
In comparison to the Sensex performance, PC Jeweller's 1 day performance is -5.00%, while the Sensex has only seen a decline of -0.15%. Over the past month, PC Jeweller has outperformed the Sensex with a 1 month performance of 35.55% compared to the Sensex's 0.02%.
Investors should keep an eye on PC Jeweller's stock performance in the coming days to see if it can bounce back from its recent decline. However, it is important to note that this article is based on factual information and does not offer any recommendations or mention any potential future potential or investor interest.
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