Berger Paints India's Stock Declines by -4.12% on May 31st, Rated as 'Sell' by MarketsMOJO.

Berger Paints India, one of the leading paint companies in India, has seen a decline in its stock price by -4.12% on May 31st, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Sell'. The stock has also hit a new 52-week low of Rs. 461.9 on the same day.

In terms of performance, Berger Paints India has underperformed the sector by -2.3% and has been on a downward trend for the last 3 days, with a fall of -6.5% in returns during this period. The stock also touched an intraday low of Rs. 461.9, showing a decline of -3.33%.

Furthermore, Berger Paints India is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the stock.

In comparison to the overall market performance, Berger Paints India has shown a negative 1-day performance of -4.29% while the Sensex has shown a positive performance of 0.35%. Similarly, in the last 1 month, Berger Paints India has shown a decline of -10.14% while the Sensex has shown a marginal decline of -0.46%.

Investors should keep a close eye on the performance of Berger Paints India in the coming days, as the stock continues to face downward pressure. However, it is important to note that this is not a recommendation to buy or sell the stock, but rather a factual update on its recent performance.