Borosil Renewables' Stock Declines by 5.11% in Line with Sector Performance on November 12

Borosil Renewables, a midcap glass company, experienced a decline in its stock price on November 12, 2024. The stock lost -5.11% and closed at Rs 477.05. This decline was in line with the overall performance of the sector, as the company underperformed the sector by -5.51%.

The stock's intraday low was Rs 477.05, which was a decrease of -5.18% from the previous day's closing price. However, the stock's moving averages show a positive trend, with the current price being higher than the 5-day, 20-day, and 50-day moving averages. It is worth noting that the stock is still lower than the 100-day and 200-day moving averages.

In comparison to the Sensex, Borosil Renewables' performance on November 12 was -5.11%, while the Sensex's performance was -0.58%. Over the past month, the company's stock has shown a positive trend with a 3.36% increase, while the Sensex has declined by -2.88%.

MarketsMOJO has given a 'Strong Sell' call for Borosil Renewables' stock. However, it is important to note that this is not a recommendation from experts or investors, but rather a fact-based analysis of the stock's performance. As a midcap company in the glass industry, Borosil Renewables' stock performance will continue to be closely monitored by investors and analysts.