Bajaj Auto Ltd. Stock Declines by -3.12% on October 25, Rated as 'Hold' by MarketsMOJO

Bajaj Auto Ltd., a leading player in the Indian automobile industry, has seen a decline in its stock price by -3.12% on October 25, 2024. This has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Hold'.

The stock has underperformed the sector by -0.88% and has been on a consecutive fall for the last 2 days, with a decline of -5.67% during this period. On the day of October 25, the stock touched an intraday low of Rs 9928.05, showing a decrease of -3.61%.

While the stock's performance is higher than the 200 day moving average, it is lower than the 5 day, 20 day, 50 day, and 100 day moving averages. This indicates a mixed trend in the stock's performance.

In the automobile two and three wheeler sector, Bajaj Auto Ltd. has fallen by -3.14%. This decline in the stock's price can be attributed to the overall performance of the sector.

Comparing the stock's performance to the Sensex, Bajaj Auto Ltd. has seen a decline of -2.88% in the last 1 day, while the Sensex has only seen a decline of -0.74%. Similarly, in the last 1 month, the stock has seen a decline of -19.22%, while the Sensex has only seen a decline of -6.69%.

Overall, Bajaj Auto Ltd. has seen a decline in its stock price, which is in line with the performance of the sector. Investors are advised to hold their positions in the stock, as suggested by MarketsMOJO.