Ashiana Housing Ltd. Stock Sees -8.67% Decline, Still Outperforms Sector

Ashiana Housing Ltd., a smallcap real estate company, has seen a decline of -8.67% in its stock price on August 13, 2024. This underperformance is reflected in the stock's 'Hold' rating given by MarketsMOJO.

The stock opened with a loss of -3.95% today and touched an intraday low of Rs 350 (-6.89%). It has been on a consecutive fall for the last 2 days, with a total decline of -7.77% during this period. This is in contrast to the overall sector performance, where the stock has underperformed by -5.69%.

Despite the recent decline, Ashiana Housing Ltd.'s stock is still higher than its 200 day moving average. However, it is currently lower than its 5 day, 20 day, 50 day, and 100 day moving averages.

In comparison to the Sensex, Ashiana Housing Ltd.'s stock has performed poorly, with a -8.67% decline in just one day, while the Sensex has only seen a -0.90% decline. Over the past month, the stock has also underperformed the Sensex, with a -18.52% decline compared to the Sensex's -1.97% decline.

Overall, Ashiana Housing Ltd.'s stock has seen a recent decline, but it is still performing better than the overall sector. Investors may want to keep an eye on the stock's performance in the coming days to make informed decisions.