Engineers India . Sees -5.12% Decline, 'Sell' Call by MarketsMOJO

In the latest market update, Engineers India ., a midcap engineering company, has seen a decline of -5.12% on 2024-10-22. This has led to a 'Sell' call by MarketsMOJO, indicating a negative outlook for the stock.

The stock has underperformed the sector by -0.83% today and has been on a downward trend for the past 7 days, with a fall of -11.11% in returns during this period. The stock also touched an intraday low of Rs 176.65 (-4.8%).

Furthermore, Engineers India . is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a bearish sentiment in the market.

The engineering sector as a whole has also seen a decline of -2.95%, adding to the negative sentiment surrounding Engineers India ..

In comparison to the overall market performance, Engineers India . has seen a decline of -5.15% in the past day, while the Sensex has only seen a decline of -1.21%. Over the past month, the stock has seen a decline of -16.86%, while the Sensex has seen a decline of -5.18%.

Investors should keep a close eye on the performance of Engineers India . in the coming days, as the stock continues to face downward pressure. However, it is important to note that this is a fact-based analysis and does not include any external data or sources.