GE T&D India's Stock Performance Remains Strong Despite Recent Dip, Experts Give 'Buy' Call

GE T&D India, a leading player in the capital goods industry, has been making headlines with its recent stock performance. On October 21, 2024, the company's stock saw a decline of -3.31%, underperforming the sector by -1.37%. However, despite this dip, experts at MarketsMOJO have given a 'Buy' call for the stock.

In the past three days, GE T&D India's stock has been on a downward trend, falling by -7.65%. On the same day, the stock touched an intraday low of Rs 1752.1, a decrease of -4.44%. Despite this, the stock's moving averages are still higher than the 20, 50, 100, and 200-day averages, but lower than the 5-day average.

In comparison to the Sensex, GE T&D India's stock performance for the day was -3.31%, while the Sensex saw a decline of only -0.31%. However, over the past month, GE T&D India's stock has outperformed the Sensex, with a 11.50% increase compared to the Sensex's -4.22% performance.

GE T&D India's consistent performance and positive outlook in the capital goods industry make it a promising investment option. With a 'Buy' call from MarketsMOJO, investors can consider adding this largecap company to their portfolio.