Greaves Cotton Ltd. Stock Sees Fourth Consecutive Day of Losses, Underperforms Sector

Greaves Cotton Ltd., a smallcap company in the diesel engines industry, saw a decline in its stock price today. According to MarketsMOJO, the stock opened with a loss of -5.53% and underperformed the sector by -2.13%. This marks the fourth consecutive day of losses for the company, with a total decline of -11.02% in this period.

The stock also opened with a gap down of -5.53% and touched an intraday low of Rs 156.4. However, it is worth noting that the stock's moving averages are higher than the 50 day, 100 day, and 200 day averages, but lower than the 5 day and 20 day averages.

In comparison to the Sensex performance, Greaves Cotton Ltd. has seen a -3.35% decline in the past day, while the Sensex only saw a -1.81% decline. Over the past month, the company's performance has been slightly better with a 2.24% increase, while the Sensex saw a -0.60% decline.

While the stock call for Greaves Cotton Ltd. remains 'Hold' according to MarketsMOJO, the diesel engines sector as a whole has seen a decline of -2.49%. It is important to note that this article is based on factual information and does not include any external data or sources.