Jyothy Labs . Stock Declines by -5.27% on November 12, MarketsMOJO Calls it 'Hold'

Nov 12 2024 02:35 PM IST
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Jyothy Labs ., a midcap FMCG company, has experienced a -5.27% decline in its stock price on November 12, 2024. The stock has underperformed the sector by -2.67% and is currently trading below its moving averages, indicating a bearish trend. Investors are advised to monitor the company's performance for informed decisions.

Jyothy Labs ., a midcap FMCG company, has seen a decline in its stock price by -5.27% on November 12, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which is 'Hold'. The stock has underperformed the sector by -2.67% on the same day.

In the past three days, Jyothy Labs . has been on a downward trend, with a fall of -8.62% in its returns. The stock touched an intraday high of Rs 503.6, showing a rise of 5.5%, but also touched an intraday low of Rs 454.15, indicating a decline of -4.86%.

Jyothy Labs . is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, which suggests a bearish trend in the stock.

In comparison to the overall performance of the Sensex, Jyothy Labs . has seen a decline of -5.25% in the past day and -14.36% in the past month, while the Sensex has only seen a decline of -0.76% and -3.06% respectively.

Investors and experts are advised to hold their positions in Jyothy Labs ., as the stock has shown a downward trend in the past few days. It is important to keep an eye on the company's performance and future developments to make informed investment decisions.
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