Esab India's Stock Declines by -6.51% on November 13, 2024, 'Hold' Call by MarketsMOJO.

Esab India, a leading manufacturer of electrodes and welding equipment, has seen a decline in its stock price by -6.51% on November 13, 2024. This has led to a 'Hold' call by MarketsMOJO for the stock.

The stock opened with a loss of -6.46% today and touched an intraday low of Rs 5920.4 (-6.77%). It has also traded in a narrow range of Rs 33.55. The stock's performance today has underperformed the sector by -6.1%.

Despite the decline, Esab India's stock is still performing well in comparison to its 200 day moving average. However, it is currently lower than its 5 day, 20 day, 50 day, and 100 day moving averages.

In terms of overall performance, Esab India's stock has seen a -6.99% decline in the past day, while the Sensex has only seen a -0.11% decline. In the past month, the stock has seen a -3.76% decline, slightly lower than the Sensex's -3.43% decline.

Esab India is a midcap company in the electrodes and welding equipment industry. While its stock has seen a decline, it is important to note that this article is purely informative and does not offer any recommendations or mention any potential for future growth.