Ujaas Energy Stock Drops -5% in Line with Sector Performance on November 11, 2024

Nov 11 2024 09:38 AM IST
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Ujaas Energy, a midcap company in the renewable energy industry, experienced a -5.0% decline in its stock price on November 11, 2024, in line with the sector's -2.15% drop. The stock has been trading erratically, with a 'Sell' call from MarketsMojo and underperforming the sector by -3.77%. It has also seen a -6.36% decline in the past month compared to the market's -2.31% drop.

Ujaas Energy, a midcap company in the renewable energy industry, saw a decline of -5.0% in its stock price on November 11, 2024. This drop was in line with the overall performance of the sector, which fell by -2.15%. The stock opened with a loss of -5% and touched an intraday low of Rs 589.3. It did not trade for 4 days out of the last 20 days, indicating erratic trading.

According to MarketsMOJO, a leading stock market analysis platform, the stock call for Ujaas Energy is 'Sell'. The stock has also underperformed the sector by -3.77% today. However, it is still performing better than its 20 day, 50 day, 100 day, and 200 day moving averages, but lower than its 5 day moving average.

In comparison to the overall market performance, Ujaas Energy has seen a decline of -6.36% in the past month, while the Sensex has fallen by -2.31%. This indicates that the stock has not been able to keep up with the market trend.

It is important to note that this article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative tone for readers who are interested in the performance of Ujaas Energy in the stock market. This is not a recommendation to buy or sell the stock, and any decisions should be made after conducting thorough research and consulting with a financial advisor.
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