Data Infrastructure Trust's Stock Sees Significant Drop, 'Sell' Call by MarketsMOJO.

Data Infrastructure Trust, a largecap company in the miscellaneous industry, has been facing a downward trend in its stock performance. On March 18, 2024, the company's stock saw a significant drop of -19.22%, closing at Rs 124. This has led to a 'Sell' call by MarketsMOJO.

The stock is currently trading close to its 52-week low of Rs 120, with a difference of only 3.23%. In comparison to its sector, Data Infrastructure Trust has underperformed by -18.86% today. In fact, the stock has been on a downward trend for the past 8 weeks, generating a negative return of -19.22%.

In the last 20 days, the stock did not trade for 5 days, indicating erratic trading behavior. Today, the stock opened with a significant loss of -19.22%. The intraday low for the stock was Rs 124, which is also the current trading price. Data Infrastructure Trust is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Despite the negative performance, the stock does offer a high dividend yield of 4.56% at the current price. However, it is important to note that the stock's performance has been significantly lower than the Sensex, with a -19.22% return in the last 1 day and -19.22% return in the last 1 month, compared to the Sensex's 0.25% and 0.55% returns, respectively.

Investors should keep a close eye on Data Infrastructure Trust's stock performance and consider all factors before making any investment decisions.