GMR Airports Infrastructure Stock Declines by -3.09% on October 21, Rated as 'Sell' by MarketsMOJO
On October 21, 2024, GMR Airports Infrastructure's stock price declined by -3.09%, as rated by MarketsMojo. The stock has underperformed the sector by -2.36% and has been on a consecutive fall for the last 4 days, with a total decline of -6.77%. It is currently trading below its moving averages and has shown a decline of -12.22% in the past month. Investors and experts are advised to closely monitor its performance.
GMR Airports Infrastructure, a leading player in the capital goods industry, has seen a decline in its stock price by -3.09% on October 21, 2024. This has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Sell'.
The stock has underperformed the sector by -2.36% and has been on a consecutive fall for the last 4 days, with a total decline of -6.77% during this period. On the day of October 21, the stock touched an intraday low of Rs 83.08, showing a decline of -3.09%.
In terms of moving averages, GMR Airports Infrastructure 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 performance.
In comparison to the overall market performance, GMR Airports Infrastructure has shown a decline of -3.09% while the Sensex has only declined by -0.23% on the same day. In the past month, the stock has seen a decline of -12.22% while the Sensex has declined by -4.15%.
Investors and experts are advised to closely monitor the performance of GMR Airports Infrastructure in the coming days. With the current downward trend, it is important to keep a close eye on the stock's performance and make informed decisions. This is not a recommendation to buy or sell the stock, but rather a fact-based analysis of its recent performance.
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