Inox Green Energy Services' Stock Price Declines by -5.08% on October 25th, 2024, 'Sell' Call by MarketsMOJO.

Oct 25 2024 01:20 PM IST
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Inox Green Energy Services, a midcap company in the renewable energy industry, saw a -5.08% decline in its stock price on October 25th, 2024. This was accompanied by a 'Sell' call from MarketsMojo. The stock has underperformed the sector by -1.39% and has been on a consecutive fall for the last two days. While it is higher than the 200-day moving average, it is lower than the 5-day, 20-day, 50-day, and 100-day moving averages, indicating a mixed trend. The decline in the renewable energy sector may have contributed to this. In comparison to the Sensex, Inox Green Energy Services has underperformed with a -4.66% decrease in the last 1 day and a -23.85% decrease in the last 1 month. Investors should carefully analyze the company's performance before making any investment decisions.

Inox Green Energy Services, a midcap company in the renewable energy industry, has seen a decline in its stock price by -5.08% on October 25th, 2024. This has led to a 'Sell' call by MarketsMOJO, a leading stock market analysis platform.

The stock has underperformed the sector by -1.39% on the same day. It has also been on a consecutive fall for the last two days, with a -6.05% decrease in returns during this period. The stock touched an intraday low of Rs 157.35, a decrease of -7.14%.

While the stock's performance is higher than the 200-day moving average, it is lower than the 5-day, 20-day, 50-day, and 100-day moving averages. This indicates a mixed trend in the stock's performance.

In the renewable energy sector, there has been a decline of -3.13%, which could have contributed to the decline in Inox Green Energy Services' stock price.

Compared to the overall performance of the Sensex, Inox Green Energy Services has underperformed with a -4.66% decrease in the last 1 day and a -23.85% decrease in the last 1 month, while the Sensex has seen a -0.96% and -6.90% decrease, respectively.

This information is based on factual data and does not include any external sources or opinions. It is important for investors to carefully analyze the performance of a company before making any investment decisions.
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