Cholamandalam Financial Holdings Stock Declines by -3.05% on November 18, Rated as 'Hold' by MarketsMOJO

Cholamandalam Financial Holdings, a leading finance and non-banking financial company (NBFC), has seen a decline in its stock price by -3.05% on November 18, 2024. This has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Hold'.

The stock has underperformed the sector by -2.49% and has been on a consecutive fall for the last 3 days, with a decline of -7.62% in this period. On the same day, the stock touched an intraday low of Rs 1530, showing a decrease of -2.3%.

While the stock's performance today has been lower than the sector, it is still higher than the 200 day moving average. However, it is lower than the 5 day, 20 day, 50 day, and 100 day moving averages.

In comparison to the Sensex, Cholamandalam Financial Holdings has shown a -2.98% performance in the last 1 day, while the Sensex has only declined by -0.61%. Similarly, in the last 1 month, the stock has seen a decline of -23.72%, while the Sensex has only declined by -5.07%.

Overall, Cholamandalam Financial Holdings has seen a decline in its stock price, but it is still performing better than the sector and the Sensex in the long term. Investors are advised to hold their positions in the stock and monitor its performance closely.