Borosil stock sees -5.55% decline, maintains 'Hold' call from MarketsMOJO

Borosil, a midcap glass company, saw a decline of -5.55% in its stock price on November 14, 2024. The stock has been given a 'Hold' call by MarketsMOJO, indicating a neutral stance on the company's performance.

In terms of price performance, Borosil underperformed the sector by -6.01% on the same day. This marks the third consecutive day of losses for the company, with a total decline of -13.18% during this period. The stock also opened with a gap down of -2.01% today and touched an intraday low of Rs 414.55 (-5.66%).

Despite these recent losses, Borosil's moving averages are still higher than its 100 day and 200 day moving averages. However, it is currently lower than its 5 day, 20 day, and 50 day moving averages.

In comparison to the overall market performance, Borosil's stock saw a decline of -3.80% while the Sensex only saw a decline of -0.25% on the same day. Over the past month, Borosil's stock has also performed better than the Sensex, with a decline of -2.38% compared to the Sensex's decline of -5.46%.

Overall, Borosil's stock has seen some recent losses but still maintains a neutral stance from MarketsMOJO. Investors should continue to monitor the company's performance and market trends before making any investment decisions.