Jyothy Labs Ltd. Stock Declines by -6.05% on October 22, Rated as 'Hold' by MarketsMOJO
On October 22, 2024, Jyothy Labs Ltd. experienced a -6.05% decline in stock price, rated as 'Hold' by MarketsMojo. The company underperformed the sector by -4.38% and its moving averages are higher than the 200 day average but lower than the 5, 20, 50, and 100 day averages. Its 1 day and 1 month performance are -5.28% and -8.48%, respectively.
Jyothy Labs Ltd., a midcap FMCG company, has seen a decline of -6.05% in its stock price on October 22, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Hold'.
On the same day, Jyothy Labs Ltd. underperformed the sector by -4.38%, with an intraday high of Rs 545.4 (4.68%) and an intraday low of Rs 487.05 (-6.52%). The stock's moving averages are currently higher than the 200 day moving average, but lower than the 5 day, 20 day, 50 day, and 100 day moving averages.
In comparison to the Sensex performance of -0.71%, Jyothy Labs Ltd. has shown a 1 day performance of -5.28% and a 1 month performance of -8.48%.
Despite the recent decline in stock price, Jyothy Labs Ltd. remains a midcap FMCG company with potential for growth in the future. Investors should keep an eye on the company's performance and make informed decisions based on their own research and analysis.
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