CONCOR Stock Declines -3.77% on March 13, Rated 'Hold' by MarketsMOJO

Container Corporation Of India (CONCOR) has experienced a decline in its stock price, losing -3.77% on March 13, 2024. This underperformance is reflected in the stock's current call of 'Hold' by MarketsMOJO.

In terms of price performance, CONCOR has underperformed the sector by -0.51% on the day. The stock has also been on a downward trend for the past four days, with a total decline of -8.09% during this period. On March 13, the stock touched an intraday low of Rs 893.5, representing a -3.38% decrease.

While CONCOR's stock price is currently higher than its 100-day and 200-day moving averages, it is lower than its 5-day, 20-day, and 50-day moving averages. This indicates a mixed trend for the stock in the short term.

In terms of sector performance, the logistics industry has also seen a decline of -3.02%. This could be attributed to various factors such as market conditions and company-specific news.

When compared to the overall market performance, CONCOR's stock has underperformed the Sensex by -3.60% in the past day and -3.79% in the past month. This suggests that the stock may not be performing as well as the overall market.

Overall, CONCOR's stock has seen a decline in its price performance and is currently rated as a 'Hold' by MarketsMOJO. Investors should keep an eye on the stock's performance in the coming days to make informed decisions.