G M Breweries' Stock Declines by -7.08% on October 7th, MarketsMOJO Calls it a 'Hold'

G M Breweries, a smallcap company in the breweries and distilleries industry, has seen a decline in its stock price by -7.08% on October 7th, 2024. This underperformance is reflected in the stock's current call of 'Hold' by MarketsMOJO.

The stock has been on a downward trend for the past 5 days, with a consecutive fall of -15.52% in returns during this period. On the day of October 7th, the stock touched an intraday low of Rs 804.05, a decrease of -7.71%. The stock has also shown high volatility, with an intraday volatility of 5.76% calculated from the weighted average price.

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

In comparison, the breweries and distilleries sector has also seen a decline of -4.08%. However, G M Breweries' 1-day and 1-month performance has been worse than the Sensex's performance, with -7.08% and -3.40% returns respectively, compared to the Sensex's -0.78% and -0.16% returns.

Overall, G M Breweries' stock has shown a decline in performance, with a 'Hold' call by MarketsMOJO. Investors should keep an eye on the stock's volatility and moving averages for any potential changes in the short term.