Craftsman Automation's Stock Sees Decline Amidst Market Turmoil.
Craftsman Automation, a midcap engineering company, experienced a -5.12% decline in its stock price on November 13, 2024. The stock's underperformance was evident throughout the day, with an intraday low of Rs 4739 (-4.98%). According to MarketsMojo, the current call for the stock is 'Hold' due to its underperformance in the sector by -3.73%. Despite trading below its moving averages, Craftsman Automation remains a midcap company in the engineering industry.
Craftsman Automation, a midcap engineering company, saw a decline in its stock price on November 13, 2024. The stock lost -5.12% and closed at Rs 4739. This underperformance was reflected in the stock's movement throughout the day, with an intraday low of Rs 4739 (-4.98%).
According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for Craftsman Automation's stock is 'Hold'. This is based on the stock's performance today, where it underperformed the sector by -3.73%.
The stock is also trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a downward trend.
In comparison to the overall market performance, Craftsman Automation's stock has seen a decline of -5.12% in the past day, while the Sensex has only seen a decline of -0.60%. Over the past month, the stock has seen a decline of -24.09%, while the Sensex has seen a decline of -3.91%.
Despite the recent decline in stock price, Craftsman Automation remains a midcap company in the engineering industry. Investors and experts are advised to closely monitor the stock's performance and make informed decisions based on their own analysis.
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