GE Power India's Stock Drops -7.57%, Labeled as 'Sell' by MarketsMOJO.

GE Power India, a smallcap company in the capital goods industry, has seen a decline in its stock price by -7.57% on July 15, 2024. This drop in stock value has been reflected in the stock call given by MarketsMOJO, which has labeled it as a 'Sell'. The stock has also been a part of the Hidden Turnaround list on MarketsMOJO since May 22, 2024.

The stock's performance today has been underwhelming, as it has underperformed the sector by -7.76%. This is in line with its recent trend of consecutive falls, with the stock losing -16.81% returns in the last two days. The stock also opened with a gap down of -4.62% today and touched an intraday low of Rs 520.1, a decrease of -9.07%.

Despite these recent declines, GE Power India's moving averages are still higher than its 20-day, 50-day, 100-day, and 200-day moving averages. However, it is currently lower than its 5-day moving average.

In comparison to the Sensex, GE Power India's performance in the last 1 day has been -9.08%, while the Sensex has seen a positive performance of 0.22%. Over the last 1 month, GE Power India has outperformed the Sensex with a return of 30.59% compared to the Sensex's 4.82% return.

Investors should keep an eye on GE Power India's stock performance in the coming days to see if it can bounce back from its recent declines.