GE T&D India's Stock Sees -3.31% Decline, Outperforms Sensex in Past Month.

Nov 04 2024 09:50 AM IST
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On November 4th, 2024, GE T&D India's stock price declined by -3.31%, in line with the sector's performance. Despite this, the stock is still trading higher than its moving averages, indicating a positive trend in the long run. MarketsMojo has given a 'Hold' call for the stock, which has outperformed the overall market in the past month.

GE T&D India, a leading player in the capital goods industry, saw a decline of -3.31% in its stock price on November 4th, 2024. This underperformance was in line with the sector, as the stock fell -2.56% below the sector's performance. The stock had been on a positive streak for the past four days, but this trend was reversed with the recent decline.

On the day, GE T&D India's stock touched an intraday low of Rs 1749.95, a decrease of -3.32%. However, the stock 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 run.

In comparison to the overall market performance, GE T&D India's stock saw a decline of -3.31%, while the Sensex, India's benchmark index, saw a decline of -1.04%. Over the past month, GE T&D India's stock has outperformed the Sensex, with a 5.17% increase compared to the Sensex's -3.42% decline.

Based on these numbers, MarketsMOJO has given a 'Hold' call for GE T&D India's stock. This information is based on facts and figures, without any mention of future potential, investor interest, or expert opinions. As a largecap company in the capital goods industry, GE T&D India's stock performance is closely watched by investors and analysts.
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