Zuari Industries Stock Declines by -7.91% and Receives 'Hold' Call from MarketsMOJO
Zuari Industries, a smallcap trading company, has experienced a -7.91% decline in its stock price on August 5th, 2024. MarketsMojo has advised a 'Hold' for the stock, which has underperformed the sector by -2.91% and has been on a consecutive decline for the last 4 days. Its moving averages show a mixed trend in the short term.
Zuari Industries, a smallcap company in the trading industry, has seen a decline in its stock price by -7.91% on August 5th, 2024. This has led to a 'Hold' call by MarketsMOJO for the stock.
The stock has underperformed the sector by -2.91% today and has been on a consecutive fall for the last 4 days, with a total decline of -10.01% in this period. It opened with a loss of -2.64% today and touched an intraday low of Rs 348.55 (-7.05%).
While the stock's moving averages are higher than the 100 day and 200 day averages, they are lower than the 5 day, 20 day, and 50 day averages. This indicates a mixed trend for the stock in the short term.
In the trading sector, Zuari Industries has fallen by -4.29%, reflecting the overall trend in the industry.
Comparing the performance of Zuari Industries with the Sensex, the stock has seen a decline of -7.43% in the last 1 day, while the Sensex has declined by -2.83%. In the last 1 month, Zuari Industries has seen a decline of -10.59%, while the Sensex has declined by -1.64%.
Overall, Zuari Industries has seen a decline in its stock price and has been given a 'Hold' call by MarketsMOJO. Investors should keep an eye on the stock's performance in the coming days to make informed decisions.
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