BPCL's Stock Performance Underperforms Sector, Receives 'Hold' Call from MarketsMOJO

Bharat Petroleum Corporation Ltd (BPCL) is a leading player in the oil exploration and refining industry in India. The company, which is classified as a largecap, has been in the news recently due to its stock performance. On November 14, 2024, BPCL's stock lost -3.07%, underperforming the sector by -2.85%. This has led to a 'Hold' call on the stock by MarketsMOJO.

The stock has been on a downward trend for the last three days, with a fall of -4.82% during this period. On the same day, the stock touched an intraday low of Rs 296.8. BPCL's stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

One of the key highlights of BPCL's stock is its high dividend yield of 6.86% at the current price. However, investors should note that past performance is not indicative of future results.

In comparison to the overall market performance, BPCL's stock has underperformed in the short term. In the last one day, the stock's performance was -3.07% compared to the Sensex's -0.22%. In the last one month, the stock's performance was -12.76% compared to the Sensex's -5.44%.

Overall, BPCL's stock has been on a downward trend in the short term, with a 'Hold' call from MarketsMOJO. Investors should keep an eye on the company's performance and market trends before making any investment decisions.