Inox Wind Stock Declines by -3.49% Following 'Hold' Rating by MarketsMOJO

Inox Wind, a leading player in the renewable energy industry, has seen a decline of -3.49% in its stock price on October 22, 2024. This comes after a recent stock call by MarketsMOJO, where the stock was given a 'Hold' rating. The stock has been a part of the Momentumnow Stocks on MarketsMOJO since May 24, 2024.

The stock's performance today has underperformed the sector by -1.07%. It has also been on a consecutive fall for the last two days, with a decline of -4.86% in this period. The stock touched an intraday low of Rs 210.1 (-2.98%). However, it is worth noting that 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 -2.21%. This is in line with the overall trend in the sector. In comparison, the stock's performance in the last 1 day has been -3.28%, while the Sensex's performance has been -0.47%. Similarly, in the last 1 month, the stock has seen a decline of -17.51%, while the Sensex has seen a decline of -4.47%.

Overall, Inox Wind's stock has seen a decline in its performance recently, in line with the trend in the renewable energy sector. Investors may want to keep an eye on the stock's performance in the coming days to make informed decisions.