Hero MotoCorp's Stock Declines for Sixth Consecutive Day, Underperforming Sector by -1.21%

Hero MotoCorp Ltd., one of the leading players in the Indian automobile industry, has seen a decline in its stock price on October 29, 2024. The company's stock has lost -3.1% on this day, underperforming the sector by -1.21%. This marks the sixth consecutive day of decline for the stock, with a total fall of -8.52% in this period.

On this day, Hero MotoCorp's stock touched an intraday low of Rs 4770.25, showing a decline of -3.15%. The stock is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its performance.

In comparison to the overall market performance, Hero MotoCorp's stock has underperformed the Sensex by -3.09% on this day. In the past month, the stock has seen a decline of -19.84%, while the Sensex has fallen by -6.52% in the same period.

MarketsMOJO has given a 'Hold' call for Hero MotoCorp's stock, suggesting investors to hold onto their positions. With a neutral and informative tone, it is important to note that this article does not mention any future potential, investor interest, or expert opinions. The information provided is based on facts and figures, without any recommendations. As a largecap company in the automobile two and three wheelers industry, Hero MotoCorp's stock performance is closely watched by investors and analysts.