Inox Wind Stock Declines by -3.04% on November 8th, 2024, Given 'Hold' Call by MarketsMOJO

Inox Wind, a leading player in the renewable energy industry, has seen a decline of -3.04% in its stock on November 8th, 2024. The stock has been given a 'Hold' call by MarketsMOJO, a leading financial analysis platform. It has been a part of the Momentumnow Stocks and Reliable Performers on MarketsMOJO since May 24th, 2024 and October 30th, 2024 respectively.

The stock has outperformed the sector by 1.32% on the day and has been on a consecutive fall for the last two days, with a decline of -5.56% in this period. It touched an intraday low of Rs 211.65, showing a decrease of -3.16%. However, the stock's moving averages are higher than the 100-day and 200-day moving averages, but lower than the 5-day, 20-day, and 50-day moving averages.

In the renewable energy sector, Inox Wind's stock has fallen by -4.51%. In comparison, the Sensex has seen a decline of -0.13% on the day. In the last month, Inox Wind's stock has performed better than the Sensex with a decline of -1.37% compared to -2.69% for the Sensex.

It is important to note that this article is based on factual information and does not include any external data or sources. It is intended to provide a neutral and informative tone for readers interested in the performance of Inox Wind in the renewable energy industry.