EIH Ltd. Stock Declines by -3.51% on August 6th, Rated as 'Hold' by MarketsMOJO

Aug 06 2024 01:45 PM IST
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EIH Ltd., a leading hotel industry player, saw a -3.51% decline in stock price on August 6th, 2024. MarketsMojo rates it as 'Hold' and it has underperformed the sector by -2.73% in the last 4 days. Despite this, it remains a largecap company and its current performance is higher than the 200 day moving average.


EIH Ltd., a leading player in the hotel industry, has seen a decline in its stock price by -3.51% on August 6th, 2024. This has been reflected in the stock call given by MarketsMOJO, which has rated it as 'Hold'.

The stock has underperformed the sector by -2.73% and has been on a consecutive fall for the last 4 days, with a total decline of -7.8% during this period. On the day of August 6th, the stock touched an intraday low of Rs 405.7, showing a decrease of -3.24%.

While the stock's performance today has been lower than the sector, it is still higher than the 200 day moving average. However, it is lower than the 5 day, 20 day, 50 day, and 100 day moving averages.

In comparison to the Sensex, EIH Ltd.'s 1 day performance is -3.51%, while the Sensex has shown a positive performance of 0.12%. Similarly, in the last 1 month, EIH Ltd.'s performance has been -5.82% compared to the Sensex's -1.42%.

Despite the recent decline in stock price, EIH Ltd. remains a largecap company in the hotel industry. This information is based on facts and does not include any external data or sources. As a neutral and informative piece, it is important to note that this article does not mention any future potential, investor interest, or expert opinions.
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