Asahi India Glass Stock Sees -5.41% Decline, Rated 'Hold' by MarketsMOJO

Asahi India Glass, a midcap company in the glass industry, has seen a decline of -5.41% in its stock price on October 25th, 2024. This underperformance is reflected in the stock's current rating of 'Hold' by MarketsMOJO.

The stock's price summary for the day shows that it has fallen by -1.63% compared to the sector's performance. This is also a trend reversal as the stock had seen two consecutive days of gains prior to this decline. The intraday low for the stock was Rs 665.5, a decrease of -5.6%.

In terms of moving averages, Asahi India Glass is currently higher than its 200 day moving average but lower than its 5 day, 20 day, 50 day, and 100 day moving averages. This indicates a mixed trend for the stock.

In the glass sector, Asahi India Glass has fallen by -5.18%. This is in line with the overall performance of the sector, which has also seen a decline of -5.18%.

Compared to the Sensex, Asahi India Glass has underperformed with a -5.41% decline, while the Sensex has only seen a -0.78% decline. In the past month, the stock has seen a -16.12% decline, while the Sensex has seen a -6.73% decline.

Overall, Asahi India Glass has seen a decline in its stock price and is currently rated as 'Hold' by MarketsMOJO. Investors should keep an eye on the stock's performance in the coming days to make informed decisions.