Embassy Office Parks REIT's Stock Drops by -3.44% on March 20, Rated as 'Hold' by MarketsMOJO.

Mar 20 2024 10:20 AM IST
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Embassy Office Parks REIT, a largecap company in the miscellaneous industry, saw a -3.44% decline in its stock price on March 20, 2024. This was reflected in the stock call given by MarketsMojo, which rated it as 'Hold'. The stock has underperformed the sector by -3.18% and has seen a total decline of -6.51% in the past three days. Despite this, its moving averages are still higher than the 50-day, 100-day, and 200-day averages. Investors should monitor its performance in the coming days.

Embassy Office Parks REIT, a largecap company in the miscellaneous industry, has seen a decline in its stock price by -3.44% on March 20, 2024. This drop in stock price has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Hold'.

The stock has underperformed the sector by -3.18% on the same day. This is the third consecutive day of losses for Embassy Office Parks REIT, with a total decline of -6.51% in this period. The stock touched an intraday low of Rs 369.2, showing a decrease of -3.51%.

Despite the recent decline, Embassy Office Parks REIT's moving averages are still higher than the 50-day, 100-day, and 200-day moving averages. However, it is currently lower than the 5-day and 20-day moving averages.

In comparison to the Sensex performance, Embassy Office Parks REIT's 1-day performance is -3.08%, while the Sensex has only seen a decline of -0.14%. Over the past month, Embassy Office Parks REIT has shown a positive performance of 0.87%, while the Sensex has declined by -1.57%.

Investors should keep an eye on Embassy Office Parks REIT's performance in the coming days to make informed decisions about their investments.
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