Emami Ltd. Stock Declines by -3.51% and Receives 'Hold' Rating from MarketsMOJO

Emami Ltd., a largecap FMCG company, has seen a decline in its stock price by -3.51% on September 16, 2024. The stock has been given a 'Hold' call by MarketsMOJO, indicating a neutral stance on its performance.

In terms of price summary, Emami Ltd. has underperformed the sector by -3.62% on the given day. The stock has been on a downward trend for the past 7 days, with a fall of -8.71% in its returns during this period. On September 16, the stock touched an intraday low of Rs 759.4, showing a decline of -4.04%.

While Emami Ltd.'s moving averages are higher than its 100-day and 200-day moving averages, they are lower than its 5-day, 20-day, and 50-day moving averages. This indicates a mixed trend in the stock's performance.

In comparison to the Sensex, Emami Ltd.'s 1-day performance has been -3.73%, while the Sensex has shown a positive performance of 0.15%. Similarly, in the past month, Emami Ltd.'s performance has been -7.28%, while the Sensex has shown a positive performance of 3.21%.

Overall, Emami Ltd.'s stock has seen a decline in its price and has been given a 'Hold' call by MarketsMOJO. Investors should keep a close eye on the stock's performance in the coming days.