Lux Industries Stock Declines by -5.79% on July 19, Rated as 'Hold' by MarketsMOJO

Jul 19 2024 10:05 AM IST
share
Share Via
On July 19, 2024, midcap textile company Lux Industries' stock price declined by -5.79%. It is currently rated as 'Hold' and part of the Hidden Turnaround category since May 31, 2024. Despite underperforming the sector by -4.84%, the stock's moving averages are still higher than its 20, 50, 100, and 200 day averages. It opened with a gap down of -2.61% and touched an intraday low of Rs 1841.75 (-5.55%). In comparison to the Sensex, Lux Industries' 1 day performance was -5.74% while the Sensex only saw a decline of -0.25%. Over the past month, Lux Industries has outperformed the Sensex with a 27.11% increase compared to the Sensex's 4.92% increase.

Lux Industries, a midcap textile company, saw a decline in its stock price by -5.79% on July 19, 2024. According to MarketsMOJO, the stock is currently rated as 'Hold' and is part of the Hidden Turnaround category since May 31, 2024.

The stock's performance today was underwhelming as it underperformed the sector by -4.84%. This marks the second consecutive day of losses for Lux Industries, with a total decline of -6.44% during this period. The stock also opened with a gap down of -2.61% today and touched an intraday low of Rs 1841.75 (-5.55%).

Despite these recent losses, Lux Industries' moving averages are still higher than its 20 day, 50 day, 100 day, and 200 day moving averages. However, it is currently lower than its 5 day moving average.

In comparison to the Sensex performance, Lux Industries' 1 day performance was -5.74% while the Sensex only saw a decline of -0.25%. Over the past month, Lux Industries has outperformed the Sensex with a 27.11% increase compared to the Sensex's 4.92% increase.

Investors and experts are advised to hold onto their Lux Industries stock for now, as the company's performance and stock price may continue to fluctuate in the near future.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News