Borosil's Stock Sees -5.7% Decline, Underperforms Sector Amidst Market Conditions

Borosil, a midcap company in the glass industry, has seen a decline in its stock price on November 13, 2024. The stock has lost -5.7% on this day, underperforming the sector by -2.74%. This is the second consecutive day of losses for Borosil, with a fall of -5.23% in the period.

On this day, the stock touched an intraday low of Rs 452.3, a decrease of -5.07%. However, the stock's moving averages are still higher than the 20 day, 50 day, 100 day, and 200 day moving averages, indicating a relatively stable performance in the past.

In the glass sector, Borosil's performance has also been affected, with a fall of -2.23%. This could be attributed to the overall market conditions and not specific to the company's performance.

Comparing Borosil's performance to the Sensex, the stock has underperformed with a -4.97% decline, while the Sensex has only seen a -0.85% decrease. In the past month, Borosil's performance has been relatively better with a 0.50% increase, while the Sensex has seen a -4.15% decline.

Based on these numbers, MarketsMOJO has given a 'Hold' call for Borosil's stock. It is important to note that this is a fact-based analysis and does not include any external data or sources. Investors are advised to do their own research and make informed decisions.