GMR Airports Infrastructure Stock Declines by -3.19% on October 22, Rated as 'Sell' by MarketsMOJO

GMR Airports Infrastructure, a leading player in the capital goods industry, has seen a decline in its stock price by -3.19% on October 22, 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 -0.7% and has been on a downward trend for the past 5 days, with a fall of -9.81% during this period. On the same day, the stock touched an intraday low of Rs 80.4, showing a decline of -3.07%.

GMR Airports Infrastructure is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the stock. The capital goods sector as a whole has also seen a decline of -2.32%.

In comparison to the Sensex, GMR Airports Infrastructure has performed poorly with a -3.19% decline, while the Sensex has only seen a -0.57% decline. Over the past month, the stock has seen a decline of -15.16%, while the Sensex has only seen a -4.56% decline.

Investors and experts are advised to closely monitor the performance of GMR Airports Infrastructure and the capital goods sector as a whole, as the stock continues to face downward pressure. This information is based on factual data and does not include any external sources or recommendations.