Ideaforge Technology's Stock Sees -7.08% Decline, Hits All-Time Low on October 29th

Ideaforge Technology, a smallcap company in the electronics-components industry, has been facing a downward trend in its stock performance. On October 29th, 2024, the company's stock saw a decline of -7.08%, resulting in a 'Sell' call by MarketsMOJO.

The stock opened with a loss of -6.07% and hit a new 52-week and all-time low of Rs. 551.95. It also underperformed the sector by -7.27% on the same day. The intraday low for the stock was Rs. 551.95, which is a decrease of -9.19%.

Ideaforge Technology is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its stock performance.

In comparison to the Sensex, Ideaforge Technology's 1-day performance was -7.56%, while the Sensex only saw a decline of -0.34%. Similarly, the company's 1-month performance was -21.10%, while the Sensex only saw a decline of -6.82%.

Despite the negative performance of Ideaforge Technology's stock, it is important to note that this article is not making any recommendations or predictions about the company's future potential. This is simply a factual report on the current stock performance of Ideaforge Technology.