GMR Power & Urban Infra Stock Sees Decline Amid Negative Outlook from MarketsMOJO

GMR Power & Urban Infra, a midcap company in the power generation and distribution industry, has seen a decline in its stock price on October 22, 2024. The stock has been given a 'Sell' call by MarketsMOJO, indicating a negative outlook for the company.

On this day, the stock underperformed the sector by -4.92%, with a consecutive fall for the last 2 days and a total decline of -9.89% in this period. The stock also opened with a loss of -2.03% and touched an intraday low of Rs 121.6 (-5%). However, it is worth noting that the stock's moving averages are currently higher than its 100 day and 200 day moving averages, but lower than its 5 day, 20 day, and 50 day moving averages.

In comparison to the overall market performance, GMR Power & Urban Infra's stock has seen a decline of -5.00% while the Sensex has only seen a decline of -0.47% on the same day. Looking at the past month, the stock has seen a decline of -14.06% while the Sensex has seen a decline of -4.47%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative tone for readers who are interested in the performance of GMR Power & Urban Infra in the stock market.