Advait Infratech's Stock Continues to Decline, Receives 'Sell' Call from MarketsMOJO

Nov 18 2024 09:35 AM IST
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Advait Infratech, a smallcap company in the power generation and distribution industry, has been in the news for its underperforming stock. With a 'Sell' call from MarketsMojo and a consecutive fall for the last 3 days, the stock has seen a total loss of -12.16%. It is currently trading lower than its moving averages and has been affected by the overall market performance.

Advait Infratech, a smallcap company in the power generation and distribution industry, has been in the news recently due to its stock performance. According to MarketsMOJO, the stock has been given a 'Sell' call, with a loss of -5.46% on the day of opening.

The stock has been underperforming the sector by -5.34% and has been on a consecutive fall for the last 3 days, with a total loss of -12.16% in that period. On the day of opening, the stock saw a gap down of -5.46% and touched an intraday low of Rs 1536.25.

Advait Infratech's stock has been trading at a constant price of Rs 1536.25 since its opening. It is also currently trading lower than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

In comparison to the Sensex performance, Advait Infratech's 1 day performance is -5.46% while the Sensex has only seen a -0.35% loss. Similarly, in the past month, the company's stock has seen a -12.67% loss while the Sensex has only seen a -4.82% loss.

While there has been no mention of any external factors or expert opinions, the stock's performance speaks for itself. With a 'Sell' call from MarketsMOJO and a continuous downward trend, it may be wise for investors to keep an eye on Advait Infratech's stock in the coming days.
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