L T Foods' Stock Sees -5.08% Decline, MarketsMOJO Gives 'Hold' Call

L T Foods, a midcap company in the rice and rice processing industry, saw a decline of -5.08% in its stock on November 5th, 2024. This underperformance was noted by MarketsMOJO, who have given a 'Hold' call for the stock.

The stock's price summary for the day shows that it underperformed the sector by -3.18%. It also saw a trend reversal as it fell after 6 consecutive days of gains. The stock touched an intraday low of Rs 376.85, which is a decrease of -5.78%.

While the stock's moving averages are higher than the 100-day and 200-day moving averages, they are lower than the 5-day, 20-day, and 50-day moving averages. In the rice and rice processing sector, there has been a decline of -2.47%.

Comparing the performance of L T Foods to the Sensex, the stock's 1-day performance was -4.80% while the Sensex's performance was -0.09%. Similarly, in the past month, L T Foods' performance was -3.36% compared to the Sensex's -3.64%.

Overall, L T Foods' stock has seen a decline in its performance, with a 'Hold' call from MarketsMOJO. Investors should keep an eye on the stock's movement and sector trends before making any decisions.