IRFC's Stock Performance Continues to Decline, 'Sell' Call by MarketsMOJO

Indian Railway Finance Corporation (IRFC) has been facing a downward trend in its stock performance, with a loss of -3.45% 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 -1.63% and has been on a consecutive fall for the last 2 days, with a decline of -3.44% during this period. On the same day, the stock touched an intraday low of Rs 134.7, a decrease of -3.09%.

IRFC's moving averages also indicate a negative trend, with the stock trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This further reinforces the downward trend in the stock's performance.

In comparison to the overall market performance, IRFC's stock has shown a decline of -3.56% in just one day, while the Sensex has only seen a decrease of -0.61%. Over the past month, IRFC's stock has also underperformed the Sensex, with a decline of -14.56% compared to the market's -6.57% decrease.

As a largecap company in the finance/NBFC industry, IRFC's recent stock performance may be a cause for concern for investors. However, it is important to note that this is based on past performance and does not reflect the future potential of the company. Investors are advised to do their own research and make informed decisions before investing in any stock.