Aavas Financiers' Stock Price Declines by -5.29% on March 5th, 2024

Aavas Financiers, a midcap finance company specializing in housing loans, has seen a decline in its stock price by -5.29% on March 5th, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Hold'.

The stock has hit a new 52-week low of Rs.1321.05 on the same day, underperforming the sector by -6.41%. This marks the second consecutive day of losses for Aavas Financiers, with a fall of -6.79% in the past two days. The stock also touched an intraday low of Rs.1321.05, a decrease of -7.64%.

Aavas Financiers is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price.

In comparison to the overall market performance, Aavas Financiers has underperformed with a -5.14% return in the past day, while the Sensex has only seen a -0.18% decline. In the past month, the stock has also seen a -5.72% decrease, while the Sensex has shown a positive growth of 2.80%.

Despite the recent decline in stock price, Aavas Financiers remains a midcap company in the finance industry, specializing in housing loans. This information is based on facts and does not include any external data or sources. As always, it is important for investors to conduct their own research and make informed decisions when it comes to investing in the stock market.