Adani Wilmar's Stock Falls by -3.08% on November 8, Underperforms Sector

Adani Wilmar, a leading FMCG company in India, has recently faced a decline in its stock price. On November 8, 2024, the company's stock fell by -3.08%, according to data from MarketsMOJO. The stock has been given a 'Sell' call by MarketsMOJO.

In terms of performance, Adani Wilmar underperformed the sector by -3.34% on the same day. This marks a trend reversal for the stock, as it had been on a three-day consecutive gain streak before the decline. The stock also touched an intraday low of Rs 334.8, representing a -3.1% decrease.

When compared to various moving averages, Adani Wilmar's stock is currently higher than the 20-day moving average but lower than the 5-day, 50-day, 100-day, and 200-day moving averages. This indicates a mixed trend for the stock.

In terms of overall performance, Adani Wilmar's stock has shown a -3.26% decrease in the past day, while the Sensex has only seen a -0.20% decrease. Over the past month, Adani Wilmar's stock has also underperformed the Sensex with a -1.46% decrease compared to the Sensex's -2.75% decrease.

Despite the recent decline in stock price, Adani Wilmar remains a largecap company in the FMCG industry. As a neutral and informative news article, it is important to note that this article does not mention any future potential, investor interest, or expert opinions. The information provided is based on facts and data from MarketsMOJO.