IRCTC Stock Sees -3.07% Decline, Current Call is 'Hold' According to MarketsMOJO
On September 18, 2024, IRCTC, a largecap company in the travel services industry, saw a -3.07% decline in its stock. It underperformed the sector by -1.96% and has been on a downward trend for the past two days. It is currently trading below its moving averages, indicating a bearish trend. Investors are advised to hold their positions and monitor closely.
Indian Railway Catering & Tourism Corporation (IRCTC) is a largecap company in the travel services industry. On September 18, 2024, the company's stock saw a decline of -3.07%. According to MarketsMOJO, the stock's current call is 'Hold'.
In terms of price performance, IRCTC underperformed the sector by -1.96% on the given day. The stock has been on a downward trend for the past two days, with a fall of -3.51% during this period. It also touched an intraday low of Rs 901.85, showing a decline of -3.3%.
IRCTC is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the stock.
In comparison to the Sensex, IRCTC's performance on the given day was -2.93%, while the Sensex's performance was -0.16%. Over the past month, IRCTC's performance was -2.11%, while the Sensex's performance was 3.12%.
Overall, IRCTC's stock has seen a decline in its performance recently. Investors are advised to hold their positions and monitor the stock's performance closely.
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