Hathway Cable & Datacom's Stock Sees -7.23% Decline, Reflecting 'Hold' Rating by MarketsMOJO

Hathway Cable & Datacom, a smallcap company in the DTH/Cable industry, has seen a decline in its stock price by -7.23% on July 18, 2024. This underperformance is reflected in the stock's 'Hold' rating by MarketsMOJO.

The stock has been on a downward trend for the past two days, with a consecutive fall of -8.45% during this period. On July 18, the stock touched an intraday low of Rs 23.08, a decrease of -7.31%. However, the stock's moving averages are still higher than the 20 day, 50 day, 100 day, and 200 day moving averages, but lower than the 5 day moving average.

In the DTH/Cable sector, Hathway Cable & Datacom's performance has also been negative, with a fall of -3.69%. This could be attributed to the overall market conditions and not specific to the company.

Comparing the stock's performance to the Sensex, Hathway Cable & Datacom has underperformed with a -7.23% decrease, while the Sensex has seen a slight increase of 0.07%. In the past month, the stock has seen a 2.35% increase, while the Sensex has seen a higher increase of 4.49%.

It is important to note that this article is based on factual information and does not include any external data or sources. As a smallcap company in the DTH/Cable industry, Hathway Cable & Datacom's stock performance may be affected by various factors and investors are advised to do their own research before making any investment decisions.