ITC Ltd. Stock Sees -3.28% Decline, MarketsMOJO Gives 'Hold' Call

Oct 09 2024 03:15 PM IST
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On October 9th, 2024, ITC Ltd., a largecap company in the cigarettes/tobacco industry, saw a -3.28% decline in its stock price, noted by MarketsMojo who gave a 'Hold' call. The stock has been on a downward trend for the past two days, with a fall of -3.37%. Despite this, ITC Ltd. remains a significant player in the industry.

ITC Ltd., a largecap company in the cigarettes/tobacco industry, saw a decline of -3.28% in its stock price on October 9th, 2024. This underperformance was noted by MarketsMOJO, who have given a 'Hold' call for the stock.

The stock has been on a downward trend for the past two days, with a fall of -3.37% during this period. On the day of October 9th, the stock touched an intraday low of Rs 492, which is a decrease of -3.13%. While the stock's moving averages are higher than the 100 day and 200 day averages, they are lower than the 5 day, 20 day, and 50 day averages.

In comparison to the Sensex performance, ITC Ltd. has seen a -3.30% decline in just one day, while the Sensex only saw a -0.26% decrease. Over the course of one month, ITC Ltd. has seen a -3.98% decline, while the Sensex only saw a -0.17% decrease.

Despite these recent declines, ITC Ltd. remains a largecap company in the cigarettes/tobacco industry. This information is provided for informational purposes only and does not constitute any recommendations or predictions for future performance. Investors should conduct their own research and analysis before making any investment decisions.
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