Go Fashion (India) Ltd's Stock Declines by -5.53% on October 28, 2024
On October 28, 2024, Go Fashion (India) Ltd's stock price declined by -5.53%, reaching its lowest point at Rs 1125. The stock has been on a downward trend for the past three days, with a total decline of -7.21%. It has underperformed compared to the sector and the overall market, with a -5.94% decline and a -17.28% decline respectively. MarketsMojo has given a 'Hold' call for the stock.
Go Fashion (India) Ltd, a midcap retailing company, saw a decline in its stock price by -5.53% on October 28, 2024. This underperformance was reflected in the stock's performance today, as it fell -5.8% compared to the sector. The stock has been on a downward trend for the past three days, with a total decline of -7.21% during this period.
At its lowest point of the day, Go Fashion (India) Ltd's stock reached Rs 1125, representing a -5.53% decrease from its previous closing price. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.
In comparison to the overall market performance, Go Fashion (India) Ltd's stock has underperformed, with a -5.94% decline compared to the Sensex's 0.88% increase on the same day. Over the past month, the stock has seen a decline of -17.28%, while the Sensex has also seen a decrease of -6.39%.
Based on these factors, MarketsMOJO has given a 'Hold' call for Go Fashion (India) Ltd's stock. Investors are advised to monitor the stock's performance closely before making any investment decisions.
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