G R Infraprojects Stock Declines Amidst Capital Goods Sector Downturn

Aug 05 2024 09:33 AM IST
share
Share Via
G R Infraprojects, a midcap company in the capital goods industry, saw a decline in its stock price today due to the overall performance of the sector. The stock has been on a downward trend for the past three days, with high volatility. It is currently performing better than the sector and has a 'Hold' recommendation from MarketsMojo.

G R Infraprojects, a midcap company in the capital goods industry, saw a decline in its stock price today. The stock opened with a loss of -5.08% and touched an intraday low of Rs 1600.05, a decrease of -5.08%. This decline in stock price can be attributed to the overall performance of the capital goods sector, which has fallen by -2.64%.

The stock has been on a downward trend for the past three days, with a consecutive fall of -9.7% returns in the period. This high volatility in the stock can be seen from its intraday volatility of 22.97%, calculated from the weighted average price. However, the stock is still performing better than the sector, outperforming it by 0.84% today.

In terms of moving averages, the stock is currently higher than its 100-day and 200-day moving averages, but lower than its 5-day, 20-day, and 50-day moving averages. This indicates a mixed trend for the stock in the short term.

MarketsMOJO has given a 'Hold' call for G R Infraprojects stock, suggesting that investors hold onto their positions for now. The stock's performance in the past month has been -10.47%, compared to the Sensex's performance of -0.79%. In the past day, the stock's performance was -4.61%, while the Sensex's performance was -2.00%.

Overall, G R Infraprojects stock has seen a decline in its price today, but it is still performing better than the sector. Investors are advised to hold onto their positions for now, as per MarketsMOJO's recommendation.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News