Bank Of India's Stock Price Declines by -3.26% on 13th November 2024

Nov 13 2024 12:35 PM IST
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On 13th November 2024, Bank Of India's stock price declined by -3.26%, underperforming the sector by -0.78%. This is the second consecutive day of losses for the stock, with a total decline of -5.66% in this period. According to MarketsMojo, the stock call for Bank Of India is 'Sell' due to its consistent underperformance and decline in value. Investors should approach the stock with caution.

Bank Of India, one of the leading public banks in India, has seen a decline in its stock price on 13th November 2024. The stock has lost -3.26% on this day, underperforming the sector by -0.78%. This is the second consecutive day of losses for the stock, with a total decline of -5.66% in this period.

On 13th November, the stock touched an intraday low of Rs 104.75, a decrease of -3.72%. However, the stock is still performing better than its 20-day moving average, but is lower than its 5-day, 50-day, 100-day, and 200-day moving averages.

According to MarketsMOJO, the stock call for Bank Of India is 'Sell'. This is based on the fact that the stock has been consistently losing value and has underperformed the sector. It is important to note that this is a fact-based analysis and does not include any external data or sources.

In comparison to the overall market performance, Bank Of India has seen a decline of -3.03% on 1 day, while the Sensex has seen a decline of -0.62%. However, the 1-month performance of the stock is not available, as it is currently not listed on the Sensex.

It is important for investors to carefully consider the performance and trends of a stock before making any investment decisions. With the current decline in stock price, it is advisable to approach Bank Of India with caution.
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