Kajaria Ceramics Ltd. Stock Declines -3.15% in Line with Sector Performance on October 7th

Kajaria Ceramics Ltd., a leading player in the ceramics, marble, granite, and sanitaryware industry, saw a decline of -3.15% in its stock price on October 7th, 2024. This was in line with the overall performance of the sector. The stock has been on a downward trend for the past three days, with a fall of -5.44% during this period.

On the day of October 7th, Kajaria Ceramics Ltd. touched an intraday low of Rs 1405.65, representing a decrease of -3.06%. The stock's moving averages show that it is currently higher than the 100-day and 200-day moving averages, but lower than the 5-day, 20-day, and 50-day moving averages.

The ceramics/marble/granite/sanitaryware sector as a whole has also seen a decline of -2.98%. However, it is worth noting that Kajaria Ceramics Ltd.'s performance has been inline with the sector's performance.

In comparison to the Sensex, Kajaria Ceramics Ltd.'s stock performance on October 7th was -3.59%, while the Sensex's performance was -0.50%. Over the past month, Kajaria Ceramics Ltd.'s stock has seen a decline of -2.10%, while the Sensex has seen a slight increase of 0.12%.

Overall, Kajaria Ceramics Ltd.'s stock performance has been in line with the sector's performance and has seen a decline in the past month. Investors may want to hold onto their stocks for now, as suggested by MarketsMOJO's 'Hold' call.