Devyani International's Stock Performance Shows Positive Trend on November 11, 2024
On November 11, 2024, Devyani International's stock showed a positive trend, gaining 4.71% and outperforming the sector by 5.51%. This follows two days of decline, indicating a possible reversal. The stock's moving averages are higher than the 5-day, 20-day, 100-day, and 200-day averages, but lower than the 50-day average, suggesting a positive trend. In comparison to the Sensex, the stock's performance was 4.36% while the Sensex's was only 0.44%. However, according to MarketsMojo, the stock call for Devyani International is 'Sell'.
Devyani International, a leading player in the lifestyle industry, saw a positive trend in its stock performance on November 11, 2024. The stock gained 4.71%, outperforming the sector by 5.51%. This comes after two consecutive days of fall, indicating a possible trend reversal.
The stock touched an intraday high of Rs 180.55, a 5.06% increase, and an intraday low of Rs 165.5, a 3.7% decrease. It has been highly volatile today with an intraday volatility of 5.34%, calculated from the weighted average price.
Devyani International's moving averages are higher than the 5-day, 20-day, 100-day, and 200-day moving averages, but lower than the 50-day moving average. This suggests a positive trend in the stock's performance.
In comparison to the Sensex, Devyani International's 1-day performance was 4.36%, while the Sensex's performance was only 0.44%. Over the past month, the stock's performance was -1.56%, slightly better than the Sensex's -1.89%.
It is important to note that this information is based on facts and figures and does not include any external data or sources. As per MarketsMOJO, the stock call for Devyani International is 'Sell'. This news article is for informational purposes only and does not contain any recommendations or mention of future potential. Investors and experts are advised to conduct their own research before making any investment decisions.
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