Adani Ports & Special Economic Zone (APSEZ) Stock Sees -3.83% Decline, Underperforms Market

Adani Ports & Special Economic Zone (APSEZ) has seen a decline in its stock price by -3.83% on November 22, 2024. This decline comes after a series of consecutive losses for the company, with a -16.82% decrease in returns over the last 2 days. The stock opened with a gap down of -5.32% and touched an intraday low of Rs 1055.4. Adani Ports is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

According to MarketsMOJO, a leading stock analysis platform, the stock call for Adani Ports is 'Sell'. This underperformance is reflected in the stock's performance today, as it has underperformed the sector by -2.3%. In comparison, the Sensex has seen a positive performance of 0.60% today.

Over the past month, Adani Ports has seen a decline of -21.69%, while the Sensex has also seen a negative performance of -3.24%. This indicates that the company's stock has been underperforming in the market.

Adani Ports & Special Economic Zone is a largecap company in the port industry. While the company's stock may have seen a decline in recent days, it is important to note that this article is based on factual information and does not make any recommendations or mention any future potential. Investors and experts are advised to conduct their own research and analysis before making any investment decisions.