GMR Power & Urban Infra Stock Sees -5.23% Decline, MarketsMOJO Gives 'Hold' Call

GMR Power & Urban Infra, a midcap company in the power generation and distribution industry, saw a decline of -5.23% in its stock price on November 4th, 2024. This underperformance was noted by MarketsMOJO, who have given a 'Hold' call for the stock.

The stock has been on a downward trend for the past three days, with a fall of -6.57% during this period. On the day of the report, the stock touched an intraday low of Rs 111.55, a decrease of -5.23%. While the stock's performance is higher than its 200-day moving average, it is lower than its 5-day, 20-day, 50-day, and 100-day moving averages.

The power generation and distribution sector as a whole has also seen a decline of -2.87%. In comparison, GMR Power & Urban Infra's 1-day performance is -5.23% while the Sensex's performance is -1.78%. Similarly, the company's 1-month performance is -23.70% while the Sensex's performance is -4.15%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or discuss potential future developments. As a midcap company in the power generation and distribution industry, GMR Power & Urban Infra's stock performance will continue to be closely monitored by investors and analysts.