HEG Stock Declines by -5.15% Amidst Overall Sector Downturn on October 21, 2024

HEG, a midcap company in the electrodes and welding equipment industry, has seen a decline in its stock price on October 21, 2024. The stock has lost -5.15% and has been given a 'Sell' call by MarketsMOJO.

According to the price summary, HEG's performance today has underperformed the sector by -2.59%. The stock has also been on a consecutive fall for the last 2 days, with a -8.05% decline in returns during this period. It touched an intraday low of Rs 471.1, a decrease of -5.17%.

In terms of moving averages, HEG is currently trading lower than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This indicates a downward trend in the stock's performance.

The overall sector of electrodes and welding equipment has also seen a decline of -2.32%. In comparison, HEG's 1 day performance is -5.09% while the Sensex's performance is -0.30%. Similarly, in the past month, HEG has seen a 3.87% increase while the Sensex has declined by -4.21%.

While HEG's stock may have seen a decline, it is important to note that this article is purely based on factual information and does not include any external data or sources. It is always recommended to do your own research and consult with a financial advisor before making any investment decisions.