DIT Stock Drops -4.32% Amid 'Strong Sell' Call by MarketsMOJO

Aug 21 2024 10:55 AM IST
share
Share Via
Data Infrastructure Trust (DIT) saw a -4.32% decline in its stock price on August 21, 2024, trading close to its 52-week high of Rs 162. MarketsMojo has given a 'Strong Sell' call for DIT, with erratic trading behavior and underperformance compared to the Sensex. Investors should consider this before making any investment decisions.

Data Infrastructure Trust (DIT) has experienced a decline in its stock price, losing -4.32% on August 21, 2024. This drop comes after the stock opened with a loss of -4.32% and touched an intraday low of Rs 155. The stock is currently trading close to its 52-week high of Rs 162, with a performance today that underperformed the sector by -4.73%.

MarketsMOJO has given a 'Strong Sell' call for DIT, indicating a negative outlook for the stock. The stock has also shown erratic trading behavior, not trading for 5 days out of the last 20 days. However, it is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In terms of dividend yield, DIT is currently offering a high yield of 5.56% at its current price. Looking at its performance compared to the Sensex, DIT has underperformed in both the 1-day and 1-month timeframes, with a -4.32% drop compared to Sensex's -0.05% and 0.19% performance, respectively.

Investors should keep an eye on DIT's stock performance and consider the 'Strong Sell' call by MarketsMOJO before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News