Central Bank of India's Stock Sees Decline, Underperforms Sector by -3.58%

Central Bank of India, one of the largest public banks in India, has seen a decline in its stock price on April 15, 2024. The stock has lost -4.77% on this day, underperforming the sector by -3.58%. This is the second consecutive day of losses for the stock, with a total fall of -7.92% in this period.

The stock opened with a gap down of -6.07% today and touched an intraday low of Rs 59.72 (-6.54%). However, the stock's moving averages are still higher than the 100-day and 200-day moving averages, but lower than the 5-day, 20-day, and 50-day moving averages.

In the public banks sector, Central Bank of India's performance has fallen by -3.01%. This decline in stock price can be attributed to the overall performance of the sector.

On a broader scale, Central Bank of India's 1-day performance is -5.71%, while the Sensex's performance is -1.07%. Similarly, in the past month, the stock's performance is 1.26%, while the Sensex's performance is 1.11%.

MarketsMOJO has given a 'Hold' call for Central Bank of India's stock. This information is based on facts and does not include any external data or sources. As a largecap company in the public banks industry, Central Bank of India's stock performance is closely monitored by investors and analysts.