IPIC Stock Declines by -7.71% on November 13, Reflecting 'Hold' Rating by MarketsMOJO

Industrial & Prudential Investment Company (IPIC) has experienced a decline in its stock price by -7.71% on November 13, 2024. This underperformance is reflected in the stock's 'Hold' rating given by MarketsMOJO.

The stock's price summary for the day shows that it touched an intraday low of Rs 7210, a decrease of -7.71%. However, the stock's moving averages are still higher than the 50 day, 100 day, and 200 day moving averages, indicating a positive trend in the long term.

In the finance/NBFC sector, IPIC's performance has fallen by -2.2%, further highlighting the overall decline in the industry.

When compared to the Sensex, IPIC's 1 day performance is -6.59%, while the Sensex's performance is -1.22%. Similarly, in the past month, IPIC's performance has been 2.06%, while the Sensex's performance has been -4.51%.

While IPIC's stock has experienced a decline, it is important to note that this article is based on factual information and does not include any speculation about future potential or recommendations from experts or investors. As a smallcap company in the finance/NBFC industry, IPIC's performance may be affected by various factors, and it is important for investors to conduct their own research before making any investment decisions.