Bikaji Foods International's Stock Sees -3.0% Decline, Underperforms FMCG Sector

Bikaji Foods International, a leading FMCG company in India, saw a decline of -3.0% in its stock price on November 14, 2024. This was in line with the overall performance of the FMCG sector, which saw a decline of -1.98% on the same day. The stock has been on a downward trend for the past 5 days, with a total loss of -8.44% during this period.

On November 14, the stock touched an intraday low of Rs 801.4, representing a decrease of -2.93%. However, despite this recent decline, the stock is still performing well in the long term, with its current price being higher than the 200-day moving average. However, it is currently lower than the 5-day, 20-day, 50-day, and 100-day moving averages.

In comparison to the overall market performance, Bikaji Foods International's stock has underperformed, with a -2.97% decrease compared to the Sensex's -0.22% decrease on the same day. In the past month, the stock has also seen a decline of -7.39%, while the Sensex has seen a decline of -5.44%.

MarketsMOJO has given a 'Hold' call for Bikaji Foods International's stock, indicating a neutral stance on the company's performance. With a largecap size, Bikaji Foods International is a well-established player in the FMCG industry in India. Investors should keep an eye on the company's performance in the coming days to make informed decisions.