Aarti Industries . Sees -9.99% Decline in Stock Price, Still Outperforms Moving Averages

Aarti Industries ., a largecap company in the chemicals industry, has seen a decline in its stock price by -9.99% on August 13, 2024. This underperformance is reflected in the stock's current call of 'Hold' by MarketsMOJO. The stock opened today with a loss of -2.31% and has been on a consecutive fall for the last 2 days, with a total decline of -4.26%. The day's low for the stock was Rs 717.95, which is -2.31% lower than its opening price. Interestingly, the stock has been trading at the same price since its opening, indicating a lack of range in its movement. Despite the recent decline, Aarti Industries . is still performing better than its 20 day, 50 day, 100 day, and 200 day moving averages. However, it is currently lower than its 5 day moving average. In comparison to the Sensex, Aarti Industries . has underperformed with a -9.99% decline in just one day, while the Sensex only saw a -0.12% decline. Over the past month, the stock has also underperformed the Sensex with a -6.25% decline compared to the Sensex's -1.20% decline. Overall, Aarti Industries . has seen a decline in its stock price, but it is still performing better than its moving averages. Investors may want to keep an eye on the stock's performance in the coming days to make informed decisions.