ACC Stock Plummets -10.04% in One Day, Underperforming Sector and Sensex.

ACC, one of the leading cement companies in India, has seen a significant drop in its stock price on November 21, 2024. The stock has lost -10.04% of its value, underperforming the sector by -7.33%. MarketsMOJO has given a 'Sell' call for the stock.

The stock opened with a gap down of -9.65% and touched an intraday low of Rs 1966.55, a decrease of -10.04%. It has also been highly volatile today, with an intraday volatility of 72.64% calculated from the weighted average price.

ACC 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.

The cement sector as a whole has also seen a decline of -2.38%. In comparison, ACC's performance has been worse, with a -10.04% drop in just one day. This is significantly lower than the Sensex's performance, which has only seen a -0.50% decrease.

In the past month, ACC's stock has seen a decline of -14.53%, while the Sensex has only seen a -4.88% decrease. This further highlights the underperformance of ACC in the market.

Investors should take note of the current trend in ACC's stock price and make informed decisions based on their own research and risk appetite. It is important to keep in mind that past performance does not guarantee future results.