Bosch . Stock Price Declines by -3.48% on November 12, MarketsMOJO Calls for 'Hold'

Nov 12 2024 11:30 AM IST
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On November 12, 2024, Bosch ., a leading auto ancillary company, saw a decline in its stock price by -3.48%. Despite this, the company remains a strong player in the industry with a stable long-term performance. Investors are advised to hold onto their stocks and monitor the company's performance.


Bosch ., a leading auto ancillary company, has seen a decline in its stock price by -3.48% on November 12, 2024. This has been reflected in the stock call given by MarketsMOJO, which is 'Hold'. The stock has underperformed the sector by -2.61% on the same day.

In the past four days, Bosch . has been on a downward trend, with a fall of -6.33% in its returns. On November 12, the stock touched an intraday low of Rs 33955, showing a decline of -2.96%. However, the stock is still performing well in the long term, with its moving averages higher than the 200-day moving average.

On the same day, Bosch .'s performance was -3.38%, while the Sensex remained stable at 0.00%. In the past month, the company's stock has seen a decline of -12.15%, while the Sensex has also seen a negative performance of -2.31%.

Despite the recent decline in stock price, Bosch . remains a largecap company in the auto ancillary industry. With its strong presence and reputation in the market, the company continues to be a key player in the industry. Investors are advised to hold onto their stocks and monitor the company's performance in the coming days.
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