Bharat Dynamics Ltd's Stock Declines by -3.72% on October 17, Rated as 'Hold' by MarketsMOJO

Bharat Dynamics Ltd, a leading defence company in India, has seen a decline in its stock price by -3.72% on October 17, 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 -3.13% on the same day. It has also been on a consecutive fall for the last 2 days, with a decline of -4.23% during this period. The stock touched an intraday low of Rs 1151.15, showing a decrease of -3.79%.

In terms of moving averages, the stock is currently higher than the 200 day moving average, but lower than the 5 day, 20 day, 50 day, and 100 day moving averages. This indicates a mixed trend in the stock's performance.

On the same day, Bharat Dynamics Ltd's performance was -3.48%, while the Sensex's performance was -0.62%. In the last month, the stock's performance was -3.25%, while the Sensex's performance was -2.50%.

Overall, Bharat Dynamics Ltd's stock has shown a decline in its performance, but it is still performing better than the Sensex. Investors are advised to hold their positions in the stock and keep a close eye on its future performance.