Infibeam Avenues Ltd's Stock Continues to Decline for Seventh Consecutive Day

Infibeam Avenues Ltd, a midcap IT software company, saw a decline in its stock price today. The stock opened with a loss of -5.38% and continued to underperform the sector by -6.18%. This marks the seventh consecutive day of losses for the company, with a total decline of -13.61% in this period.

The stock also opened with a gap down of -5.38% today and touched an intraday low of Rs 33.25 (-6.39%). However, the stock's moving averages are still higher than its 100 day and 200 day moving averages, but lower than its 5 day, 20 day, and 50 day moving averages.

According to MarketsMOJO, a leading stock analysis platform, the stock's performance today was -5.18% compared to the Sensex's performance of -1.05%. In the past month, the stock has seen a decline of -8.08% while the Sensex has seen a positive growth of 1.13%.

Based on these factors, MarketsMOJO has given a 'Hold' call for Infibeam Avenues Ltd's stock. As a midcap IT software company, Infibeam Avenues Ltd's stock performance is closely watched by investors and analysts. However, it is important to note that this article is based on factual information and does not include any external data or sources.