G R Infraprojects Stock Declines -5.12% in Line with Sector Underperformance

G R Infraprojects, a midcap company in the capital goods industry, saw a decline of -5.12% in its stock on June 27, 2024. This was in line with the overall underperformance of the sector, with the stock falling -4.98% below the sector's performance.

The stock opened with a loss of -2.01% and touched an intraday low of Rs 1746.05, a decrease of -5.21%. However, G R Infraprojects is still trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a positive trend in the long term.

According to MarketsMOJO, a leading stock analysis platform, the stock's current call is 'Hold'. This is based on the stock's 1 day performance of -5.04% compared to the Sensex's performance of 0.36%. In the past month, G R Infraprojects has outperformed the Sensex with a 1 month performance of 11.48% compared to the Sensex's 4.73%.

While there has been no mention of investor interest or expert opinions, the stock's performance and moving averages suggest a positive outlook for G R Infraprojects. Investors may want to hold onto their positions and monitor the stock's performance in the coming days.