Crompton Greaves Consumer Electrical Stock Sees Dip, But Outperforms Sector

Crompton Greaves Consumer Electrical, a leading player in the consumer durables and electronics industry, saw a dip in its stock price on October 25th, 2024. The company's stock lost -3.27% on that day, closing at Rs 387.65. However, despite this decline, the stock has been performing well in comparison to its sector, outperforming it by 5.29%.

The day's low for the stock was Rs 385.65, which was a decrease of -2.97% from the previous day's closing price. The stock's moving averages show that it is currently higher than its 200-day moving average, but lower than its 5-day, 20-day, 50-day, and 100-day moving averages.

In terms of sector performance, the consumer durables - electronics industry has seen a decline of -8.33%. However, Crompton Greaves Consumer Electrical's stock has still managed to outperform the sector.

On a broader scale, the company's stock has seen a -3.41% decline in just one day, while the Sensex's performance was -0.61%. In the past month, the stock has seen a decline of -13.25%, while the Sensex's performance was -6.57%.

Overall, Crompton Greaves Consumer Electrical's stock has seen a dip in its price, but it continues to outperform its sector and has shown a strong performance in the past month. Investors may want to hold onto their stocks for now, as suggested by MarketsMOJO's 'Hold' call.