GMM Pfaudler Stock Declines by -7.04% and Underperforms Sector Today

GMM Pfaudler, a midcap engineering company, has seen a decline in its stock price by -7.04% on November 8th, 2024. This decline has been reflected in the stock's performance today, as it underperformed the sector by -6.63%. The stock has also been on a consecutive fall for the last two days, with a total loss of -7.3% during this period. The stock opened today with a gap down of -3.54%, and reached an intraday low of Rs 1290, which is a decrease of -6.86%. The stock has also shown high volatility today, with an intraday volatility of 74.66% calculated from the weighted average price. In terms of moving averages, GMM Pfaudler is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a downward trend in the stock's price. Compared to the performance of the Sensex, GMM Pfaudler has seen a decline of -6.97% in the past day and -7.78% in the past month. In comparison, the Sensex has only seen a decline of -0.19% and -2.75% in the same time periods, respectively. Overall, GMM Pfaudler's stock performance has been on a downward trend, with a significant decline in the past month. Investors may want to hold off on buying or selling this stock until there is a clearer indication of its future performance.