Ashiana Housing's Stock Price Declines by -7.49% on October 7th, Reflecting Underperformance in Construction Industry.

Ashiana Housing ., a smallcap company in the construction and real estate industry, has seen a decline in its stock price by -7.49% on October 7th, 2024. This underperformance is reflected in the stock's current 'Hold' call by MarketsMOJO.

The stock has been on a downward trend for the past 5 days, with a consecutive fall of -11.15% in returns during this period. On the day of October 7th, the stock touched an intraday low of Rs 293.55, a decrease of -7.02%. Ashiana Housing is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

The construction and real estate sector as a whole has also seen a decline of -2.16%, further contributing to Ashiana Housing's underperformance. In comparison to the Sensex, Ashiana Housing's 1 day performance is -7.06%, while the Sensex's performance is only -0.71%. Similarly, in the past month, Ashiana Housing's performance has been -9.71%, while the Sensex has only seen a slight decrease of -0.10%.

Despite these recent declines, it is important to note that this article is not making any recommendations or predictions about the future potential of Ashiana Housing or the construction and real estate industry. This information is based on facts and data provided by the company and should be used for informational purposes only.