GMDC Stock Declines by 5.33% Amidst Overall Sector Downturn

Gujarat Mineral Development Corporation (GMDC) has faced a decline in its stock price by -5.33% on October 22, 2024. This has been reflected in the stock call given by MarketsMOJO, which has advised investors to 'Sell' the stock. The stock has underperformed the sector by -2.51% and has been on a consecutive fall for the last 2 days, with a decline of -6.42% during this period. The stock also touched an intraday low of Rs 334.45 (-5.16%).

GMDC is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a downward trend in its stock price. The mining and minerals sector as a whole has also seen a decline of -2.36%.

In comparison to the overall market performance, GMDC's stock has seen a decline of -5.27% in the last 1 day, while the Sensex has only seen a decline of -0.61%. In the last 1 month, GMDC's stock has seen a decline of -8.19%, while the Sensex has seen a decline of -4.60%.

Investors should keep an eye on GMDC's stock performance and the overall market trends before making any investment decisions. It is important to note that this article is based on factual information and does not contain any recommendations or opinions from experts or investors.