Som Distilleries & Breweries Stock Sees -7.13% Decline, But Still Outperforms Sector

Som Distilleries & Breweries, a smallcap company in the breweries industry, has seen a decline of -7.13% in its stock price on May 28, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which is 'Hold'.

The stock has underperformed the sector by -6.39% on the same day. It has also been on a consecutive fall for the last 2 days, with a total decline of -11.68% during this period. The stock touched an intraday low of Rs 124.2, showing a decrease of -7.21%.

Despite this recent decline, Som Distilleries & Breweries' moving averages are still higher than the 20 day, 50 day, 100 day, and 200 day moving averages. However, it is lower than the 5 day moving average.

In comparison to the Sensex, Som Distilleries & Breweries' 1 day performance is -7.13%, while the Sensex's performance is -0.35%. Similarly, the company's 1 month performance is -5.66%, while the Sensex has seen a positive performance of 1.89%.

Overall, Som Distilleries & Breweries' stock has seen a decline in its price, but it is still performing better than the sector and has a positive long-term moving average trend. Investors may want to keep an eye on the stock's performance in the coming days.