Savita Oil Technologies' Stock Performance Declines, Investors Urged to Monitor Closely

Savita Oil Technologies, a smallcap company in the lubricants industry, has been facing a downward trend in its stock performance. According to MarketsMOJO, the stock has been given a 'Sell' call, with a loss of -5.74% on the opening day. This is a significant underperformance compared to the sector, with a difference of -3.99%.

The stock has been on a consecutive fall for the last three days, with a total decline of -8.54% during this period. Today, the stock opened with a gap down of -5.74%, touching an intraday low of Rs 481.6. This is a cause for concern for investors, as the stock is currently trading lower than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

In comparison to the overall market performance, Savita Oil Technologies has been underperforming. On a one-day basis, the stock has declined by -4.15%, while the Sensex has only seen a -0.11% decrease. Similarly, on a one-month basis, the stock has fallen by -10.48%, while the Sensex has only seen a -3.43% decline.

It is important for investors to keep a close eye on the stock's performance and monitor any further downward trends. With the current market conditions, it is advisable to approach this stock with caution and do thorough research before making any investment decisions.