Likhitha Infrastructure's Stock Sees Decline Amidst Mixed Short-Term Performance

Likhitha Infrastructure, a smallcap company in the capital goods industry, has seen a decline in its stock price by -7.38% on August 5th, 2024. This has led to a 'Hold' call by MarketsMOJO for the stock.

The stock opened with a loss of -8.03% today and touched an intraday low of Rs 397.8 (-8.97%). It has been on a downward trend for the last 4 days, with a fall of -11.2% in this period. However, the stock is still performing better than the capital goods sector, which has fallen by -4.5%.

Despite the recent decline, Likhitha Infrastructure's stock is still higher than its 100 day and 200 day moving averages. However, it is lower than its 5 day, 20 day, and 50 day moving averages. This indicates a mixed performance for the company in the short term.

In comparison to the overall market performance, Likhitha Infrastructure has underperformed with a -7.60% return in the last 1 day and -11.19% return in the last 1 month, while the Sensex has seen a -3.06% and -1.87% return respectively.

It is important to note that this article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative tone for readers interested in the performance of Likhitha Infrastructure in the stock market.