DCM Shriram's Stock Declines by -5.71% in Line with Sector Performance

DCM Shriram ., a midcap diversified company, has seen a decline in its stock price by -5.71% on October 25, 2024. This decline is in line with the overall performance of the sector. The stock has been on a downward trend for the past 7 days, with a consecutive fall of -10.71% during this period.

On the day of October 25, the stock touched an intraday low of Rs 991.85, representing a decrease of -4.96%. DCM Shriram is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the stock.

In comparison to the Sensex, DCM Shriram's performance has been worse, with a decline of -5.71% compared to the Sensex's -1.10% on the same day. Over the past month, the stock has seen a decline of -9.52%, while the Sensex has declined by -7.02%.

Based on these numbers, MarketsMOJO has given a 'Sell' call for DCM Shriram's stock. As a midcap company in the diversified industry, DCM Shriram's stock performance is closely tied to the overall performance of the sector, which has seen a decline of -4.52%. Investors should keep a close eye on the stock's performance and the sector's trends before making any investment decisions.