Adani Ports & Special Economic Zone Stock Declines by -3.41% Amidst Overall Industry Trend

Adani Ports & Special Economic Zone (APSEZ) has experienced a decline in its stock price on November 26, 2024. The stock closed at Rs 1132.10, down by -3.41% from the previous day's closing price. This decline was in line with the overall trend in the port industry, which saw a decrease of -2.84%.

MarketsMOJO, a leading stock analysis and recommendation platform, has given a 'Sell' call for Adani Ports & Special Economic Zone. The stock has also underperformed the sector by -0.36% and has fallen after two consecutive days of gains.

The stock's intraday low was Rs 1130.05, a decrease of -3.12% from the previous day's closing price. Adani Ports & Special Economic Zone is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend.

In comparison to the overall market performance, Adani Ports & Special Economic Zone has underperformed with a -3.51% decline, while the Sensex has only seen a -0.31% decrease. Over the past month, the stock has also seen a decline of -14.49%, while the Sensex has shown a slight increase of 0.58%.

Despite this recent decline, Adani Ports & Special Economic Zone remains a largecap company in the port industry. Investors should continue to monitor the stock's performance and consider their own risk tolerance before making any investment decisions.