GIC Stock Price Declines by -3.11% and Receives 'Hold' Call from MarketsMOJO

Nov 13 2024 11:35 AM IST
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GIC, a largecap company in the finance/NBFC industry, saw a -3.11% decline in its stock price on November 13, 2024. It underperformed the sector by -1.8% and is currently trading below all its moving averages. Over the past month, its performance has been -9.40%, indicating a downward trend. Investors should monitor the company's performance closely.

General Insurance Corporation of India (GIC) has seen a decline in its stock price by -3.11% on November 13, 2024. This largecap company in the finance/NBFC industry has been given a 'Hold' call by MarketsMOJO.

In today's trading session, GIC underperformed the sector by -1.8%. This marks the second consecutive day of losses for the stock, with a total decline of -4% in this period. The stock also touched an intraday low of Rs 353.35, a decrease of -3.19%.

GIC's performance is also reflected in its moving averages, as it is currently trading below the 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

In comparison to the Sensex, GIC's 1 day performance is -3.14%, while the Sensex has only seen a -0.62% decline. Over the past month, GIC's performance has been -9.40%, while the Sensex has only seen a -3.92% decline.

Investors should take note of GIC's recent decline in stock price and the 'Hold' call given by MarketsMOJO. It is important to keep an eye on the company's performance in the coming days to make informed investment decisions.
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