IMPAL Stock Sees -8.85% Decline, 'Hold' Call by MarketsMOJO

India Motor Parts & Accessories Ltd (IMPAL) has seen a decline of -8.85% in its stock price on February 12, 2024. The stock has been given a 'Hold' call by MarketsMOJO, indicating a neutral stance on the company's performance.

In terms of price performance, IMPAL has underperformed its sector by -4.69% on the day. The stock has also been on a downward trend for the past three days, with a fall of -7.64% during this period. On February 12, the stock touched an intraday low of Rs 1077.95, a decrease of -5.97%.

However, IMPAL's moving averages show a mixed picture. The stock is currently trading higher than its 50-day, 100-day, and 200-day moving averages, but lower than its 5-day and 20-day moving averages.

In comparison to the overall market performance, IMPAL's stock has seen a decline of -8.93% on February 12, while the Sensex has only fallen by -0.73%. Over the past month, IMPAL's stock has also underperformed the Sensex, with a decline of -3.10% compared to the Sensex's -2.06% decrease.

Overall, the current performance of India Motor Parts & Accessories Ltd may not be as strong as expected, but it is still holding its own in the market. Investors may want to keep an eye on the stock's performance in the coming days to make informed decisions.