Gensol Engineering's Stock Sees -7.04% Decline, Rated 'Hold' by MarketsMOJO

Gensol Engineering, a smallcap engineering company, saw a decline of -7.04% in its stock price on August 13, 2024. This underperformance was reflected in the stock's 'Hold' rating by MarketsMOJO. The stock has been on a downward trend for the past two days, with a consecutive fall of -7.27% during this period. On the same day, the stock touched an intraday low of Rs 951.3, a decrease of -7.25%.

Despite the recent decline, Gensol Engineering's stock price is still higher than its 200-day moving average. However, it is currently lower than its 5-day, 20-day, 50-day, and 100-day moving averages. This indicates a mixed trend in the stock's performance.

In comparison to the overall market performance, Gensol Engineering's stock has underperformed, with a -7.38% decrease compared to Sensex's -0.15% decrease on the same day. Over the past month, the stock has also seen a decline of -2.91%, while Sensex has only decreased by -1.23%.

Overall, Gensol Engineering's stock has seen a recent decline, but its long-term performance remains relatively stable. Investors may want to keep an eye on the stock's moving averages and market performance in the coming days.