Delhivery's Stock Price Declines by -3.32%, Receives 'Strong Sell' Call from MarketsMOJO.

Delhivery, a leading logistics company in India, has recently faced a decline in its stock price. On October 22, 2024, the company's stock lost -3.32%, underperforming the sector by -1.81%. This has led to a 'Strong Sell' call by MarketsMOJO.

The stock has been on a downward trend for the past 6 days, with a consecutive fall of -10.15% in this period. On the same day, the stock touched an intraday low of Rs 375, a decrease of -3.38%. Delhivery's performance is also lower than the 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

In comparison to the Sensex, Delhivery's performance has been -2.95% in the past day and -12.68% in the past month. This is significantly lower than the Sensex's performance of -0.20% and -4.20% respectively.

While the reasons for this decline in stock price are not mentioned, investors should keep an eye on Delhivery's performance in the coming days. As a largecap company in the logistics industry, any changes in its stock price can have an impact on the sector as a whole. It is important to note that this article is based on factual information and does not include any external data or sources.