Gravita India's Stock Price Drops by -5.12% on November 4th, 2024
On November 4th, 2024, Gravita India's stock price saw a decline of -5.12%, following a 'Hold' recommendation by MarketsMojo. While the stock outperformed the sector by 0.31%, it also saw a trend reversal after three days of gains. The company's moving averages are higher than some, but lower than others, and the sector has also seen a decline. This article presents factual information about Gravita India's performance, without offering any recommendations or predictions.
Gravita India, a midcap company in the non-ferrous metal industry, saw a decline of -5.12% in its stock price on November 4th, 2024. This comes after a recommendation of 'Hold' by MarketsMOJO, a leading stock market analysis platform.
The stock's performance today has outperformed the sector by 0.31%, but it has also seen a trend reversal after three consecutive days of gains. The stock touched an intraday low of Rs 2128.05, a decrease of -5.33%.
While the stock's moving averages are higher than the 5-day, 100-day, and 200-day averages, it is lower than the 20-day and 50-day averages. In the sector, Metal - Non Ferrous has also seen a decline of -5.39%.
In comparison to the Sensex, Gravita India's 1-day performance is -4.90% while the Sensex's performance is -1.78%. Similarly, in the past month, Gravita India's performance is -9.76% compared to the Sensex's -4.15%.
Gravita India is a leading player in the non-ferrous metal industry, with a strong track record and a promising future. However, it is important to note that this article is based on factual information and does not include any external data or sources. As such, it does not offer any recommendations or predictions about the company's future potential or investor interest.
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