LIC Housing Finance Stock Price Declines by -3.34% Amidst Sector-Wide Fall

LIC Housing Finance, a leading housing finance company in India, has seen a decline in its stock price by -3.34% on October 7th, 2024. This comes after a series of consecutive falls in the stock price, with a -7.04% decrease in the last 6 days. The stock touched an intraday low of Rs 617.95, showing a decline of -2.75%.

MarketsMOJO, a leading stock market analysis platform, has given a 'Hold' call for LIC Housing Finance. The stock's performance today is in line with the overall sector, with the Finance - Housing industry falling by -2.74%.

LIC Housing Finance is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a downward trend in its stock price. In comparison, the Sensex, India's benchmark index, has shown a positive performance of 0.19% on the same day.

Over the past month, LIC Housing Finance has seen a decline of -11.59%, while the Sensex has shown a positive performance of 0.81%. This indicates that the stock has underperformed in the market in the past month.

Investors should take note of the recent decline in LIC Housing Finance's stock price and consider their investment decisions carefully. It is important to keep track of the company's performance and market trends before making any investment decisions.