Gujarat Ambuja Exports Stock Sees -5.31% Decline, 'Sell' Call by MarketsMOJO

Gujarat Ambuja Exports, a midcap company in the refined oil and vanaspati industry, has seen a decline in its stock price by -5.31% on October 22, 2024. This has led to a 'Sell' call by MarketsMOJO, a leading stock market analysis platform.

The stock is currently trading close to its 52-week low, with a difference of only 4.68%. It has also underperformed the sector by -4.18% in today's trading session. This is the fourth consecutive day of losses for the company, with a total decline of -12.1% in this period.

On October 22, the stock touched an intraday low of Rs 124.9, which is a -5.31% decrease from its previous closing price. The moving averages also show a downward trend, with the stock trading below the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the overall market performance, Gujarat Ambuja Exports has seen a -5.31% decline, while the Sensex has only seen a -1.15% decrease on the same day. In the past month, the company's stock has seen a -0.16% decline, while the Sensex has seen a -5.11% decrease.

Despite these recent declines, Gujarat Ambuja Exports remains a midcap company in the refined oil and vanaspati industry. Investors should continue to monitor the company's performance and market trends before making any investment decisions.