Century Plyboards (India) Ltd Stock Plummets -7.93% Amidst Sector Decline

Nov 21 2024 09:35 AM IST
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On November 21, 2024, Century Plyboards (India) Ltd, a midcap company in the wood and wood products industry, saw a decline in its stock price by -7.93%. The stock is currently trading at Rs 630.85 and has been given a 'Sell' call by MarketsMojo. The company is trading below its moving averages and the sector has also seen a decline, indicating a downward trend. In comparison, the Sensex has only seen a decrease of -0.75% on the same day. In the past month, the stock has underperformed the market with a decline of -23.19%. Investors should carefully consider the current performance of the company before making any decisions.

Century Plyboards (India) Ltd, a midcap company in the wood and wood products industry, has seen a decline in its stock price on November 21, 2024. The stock has lost -7.93% and is currently trading at Rs 630.85. MarketsMOJO has given a 'Sell' call for the stock.

The stock opened with a gap down of -7.65% and touched an intraday low of Rs 630.85, which is a decrease of -14.7%. Century Plyboards (India) Ltd is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a downward trend.

The wood and wood products sector has also seen a decline of -5.69%, further adding to the underperformance of Century Plyboards (India) Ltd. In comparison, the Sensex has only seen a decrease of -0.75% on the same day.

In the past month, Century Plyboards (India) Ltd has seen a decline of -23.19%, while the Sensex has only seen a decrease of -5.12%. This shows that the stock has underperformed the market in both short and long term.

Investors should take note of the current performance of Century Plyboards (India) Ltd and make informed decisions based on their own research and analysis.
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