CG Power & Industrial Solutions Ltd's Stock Sees -4.03% Decline, MarketsMOJO Recommends 'Hold'

CG Power & Industrial Solutions Ltd, a leading player in the capital goods industry, saw a decline of -4.03% in its stock price on November 13, 2024. This underperformance was noted by MarketsMOJO, who have given a 'Hold' call for the stock.

The stock has been on a downward trend for the past two days, with a fall of -5.02% during this period. On the day of the decline, the stock touched an intraday low of Rs 688.45, a decrease of -3.54%. However, the stock's performance is still higher than the 200-day moving average, but lower than the 5-day, 20-day, 50-day, and 100-day moving averages.

In the capital goods sector, CG Power & Industrial Solutions Ltd's stock has fallen by -2.13%. This decline is in line with the overall performance of the sector, which has also seen a decrease of -2.13%.

Comparing the stock's performance with the Sensex, CG Power & Industrial Solutions Ltd has underperformed with a decline of -4.01% compared to the Sensex's -1.31% on the same day. In the past month, the stock has seen a decline of -20.08%, while the Sensex has seen a decrease of -4.59%.

Overall, CG Power & Industrial Solutions Ltd's stock has seen a decline in its performance, in line with the sector and the overall market. Investors are advised to hold their positions in the stock, as suggested by MarketsMOJO.