Indo Amines Stock Drops -7.31% in Line with Sector Underperformance on November 12, 2024

Indo Amines, a smallcap company in the chemical industry, saw a decline of -7.31% in its stock price on November 12, 2024. This drop was in line with the overall underperformance of the sector, as the stock underperformed the sector by -7.44%. However, the stock did open with a gain of 2.01% today, indicating some initial positive momentum.

The stock's intraday high was Rs 190.45, a 2.01% increase from the previous day's close. However, it also touched an intraday low of Rs 172.4, a -7.66% decrease from the previous day's close. This high volatility can be seen in the stock's intraday volatility of 5.57%, calculated from the weighted average price.

In terms of moving averages, Indo Amines' stock is currently higher than its 200-day moving average, but lower than its 5-day, 20-day, 50-day, and 100-day moving averages. This indicates a mixed trend in the stock's performance.

In comparison to the overall market performance, Indo Amines' stock saw a decline of -7.61% in just one day, while the Sensex saw a slight increase of 0.05%. Over the past month, the stock has also underperformed the Sensex, with a decline of -12.03% compared to the Sensex's -2.27% decline.

Overall, the stock call for Indo Amines by MarketsMOJO is 'Hold'. This information is based on the stock's performance and does not include any external data or sources. Investors should carefully consider all available information before making any investment decisions.