G R Infraprojects' Stock Underperforms Sector, Shows Negative Sentiment Among Investors

Aug 02 2024 09:55 AM IST
share
Share Via
G R Infraprojects, a midcap company in the capital goods industry, has seen a significant drop in its stock performance today, underperforming the sector by -4.9%. The stock has been on a downward trend in the last two days, with a consecutive fall of -6.22%. It opened with a gap down today and experienced a sharp decline in its value. While its long-term moving averages are higher, its short-term performance has been fluctuating. Compared to the overall market, the stock has underperformed and has been given a 'Hold' call by MarketsMojo.

G R Infraprojects, a midcap company in the capital goods industry, has been in the news recently due to its stock performance. The stock, which is listed on the stock exchange, opened today with a loss of -6.47%. This is a significant drop from its previous closing price.

According to MarketsMOJO, a leading stock analysis platform, the stock's performance today has underperformed the sector by -4.9%. This means that the stock has not performed as well as other companies in the same industry.

In the last two days, G R Infraprojects' stock has been on a downward trend, with a consecutive fall of -6.22%. This indicates a negative sentiment among investors towards the company's stock.

The stock also opened with a gap down today, meaning that it opened at a lower price than its previous closing price. This further adds to the negative sentiment surrounding the stock.

The day's low for G R Infraprojects' stock was Rs 1649.05, which is a significant decrease of -7.09% from its opening price. This shows that the stock has been volatile and has experienced a sharp decline in its value.

In terms of moving averages, G R Infraprojects' stock is currently higher than its 100-day and 200-day moving averages. However, it is lower than its 5-day, 20-day, and 50-day moving averages. This indicates that the stock's performance has been fluctuating in the short term, but has been relatively stable in the long term.

Compared to the overall market performance, G R Infraprojects' stock has underperformed. In the last 1 day, the stock's performance was -7.65%, while the Sensex's performance was only -0.92%. Similarly, in the last 1 month, the stock's performance was -4.74%, while the Sensex's performance was 2.11%.

Based on these factors, MarketsMOJO has given a 'Hold' call for G R Infraprojects' stock. This means that investors should hold onto their current positions and not make any new investments in the stock at this time. It is important to note that this is not a recommendation, but rather a fact-based analysis of the stock's performance.
{{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