Deccan Gold Mines' Stock Price Drops by -9.72% Amidst Sector Underperformance and High Volatility

Deccan Gold Mines, a smallcap company in the mining and minerals industry, has seen a decline of -9.72% in its stock price on October 7th, 2024. This has led to a 'Sell' call by MarketsMOJO.

The stock has underperformed the sector by -5.33% today and has been on a consecutive fall for the last 3 days, with a total decline of -11.79%. The stock also experienced high volatility, with an intraday volatility of 5.95%.

On the price front, Deccan Gold Mines touched an intraday high of Rs 142 (3.39%) and an intraday low of Rs 126.05 (-8.23%). It is currently trading higher than its 200-day moving average, but lower than its 5-day, 20-day, 50-day, and 100-day moving averages.

In the mining and minerals sector, Deccan Gold Mines' performance has fallen by -3.55%. In comparison, the Sensex has seen a decline of only -0.25% on the same day.

Looking at the longer-term performance, Deccan Gold Mines has seen a decline of -8.52% in the last 1 day and -11.79% in the last 1 month, while the Sensex has seen a slight increase of 0.37% in the same time periods.

Investors should keep an eye on Deccan Gold Mines' performance in the coming days to see if it can recover from its recent decline.