ABB India's Stock Price Declines by -3.07% on November 5th, 2024

Nov 05 2024 09:50 AM IST
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On November 5th, 2024, ABB India's stock price declined by -3.07%, underperforming the sector by -3.67%. It has also been on a consecutive fall for the last 5 days, with a decrease of -5.71%. The stock is currently trading below its moving averages, indicating a downward trend. However, this article does not provide any recommendations or predictions for its future potential.

ABB India, a leading electric equipment company in India, has seen a decline in its stock price by -3.07% on November 5th, 2024. This has been reflected in the stock call given by MarketsMOJO, which is 'Hold' for ABB India.

The stock has underperformed the sector by -3.67% on the same day. It has also been on a consecutive fall for the last 5 days, with a decline of -5.71% in this period. The stock touched an intraday low of Rs 7065.05, showing a decrease of -4.04%.

In terms of moving averages, ABB India is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This indicates a downward trend in the stock's performance.

On a comparative basis, ABB India's 1 day performance is -3.78% compared to Sensex's -0.23%. Similarly, its 1 month performance is -10.76% compared to Sensex's -3.77%.

While the stock has seen a decline in its price, it is important to note that this article is not making any recommendations or predictions about its future potential. It is simply stating the facts and figures based on the information provided. As a largecap company in the electric equipment industry, ABB India's performance will continue to be closely monitored by investors and analysts.
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