Apollo Tyres Ltd. experiences -3.12% decline in stock price, current call 'Hold' by MarketsMOJO

Oct 04 2024 02:35 PM IST
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On October 4th, 2024, Apollo Tyres Ltd. experienced a -3.12% decline in its stock price, with a current call of 'Hold' by MarketsMojo. The stock has been on a downward trend for the past two days, with a fall of -7.28%. While the stock's moving averages are higher than the 100-day and 200-day averages, they are lower than the 5-day, 20-day, and 50-day averages. In comparison to the sector and the Sensex, Apollo Tyres Ltd. has seen a decline in its stock price. Investors should monitor the stock's performance in the coming days.

Apollo Tyres Ltd., a leading player in the Tyres & Allied industry, has seen a decline in its stock price by -3.12% on October 4th, 2024. This underperformance is reflected in the stock's current call of 'Hold' by MarketsMOJO.

The stock has been on a downward trend for the past two days, with a fall of -7.28% during this period. On the day of October 4th, the stock touched an intraday low of Rs 509, representing a decrease of -3.19%. While the stock's moving averages are higher than the 100-day and 200-day averages, they are lower than the 5-day, 20-day, and 50-day averages.

In the Tyres & Allied sector, Apollo Tyres Ltd. has seen a decline of -2.4%. This is in line with the overall performance of the sector.

In comparison to the Sensex, Apollo Tyres Ltd. has underperformed with a -2.84% decrease in its stock price, while the Sensex has only seen a -0.86% decrease. Over the past month, Apollo Tyres Ltd. has seen a slight increase of 0.47%, while the Sensex has seen a decrease of -0.69%.

Overall, Apollo Tyres Ltd. has seen a decline in its stock price, with a current call of 'Hold' by MarketsMOJO. Investors should keep an eye on the stock's performance in the coming days to make informed decisions.
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