Maharashtra Scooters Stock Declines by -5.74% and Receives 'Hold' Call from MarketsMOJO

Maharashtra Scooters, a midcap company in the finance/NBFC industry, has seen a decline in its stock price by -5.74% on November 21, 2024. This has led to a 'Hold' call by MarketsMOJO, a leading stock market analysis platform.

The stock's performance today has been underwhelming, as it has underperformed the sector by -4.31%. This is the third consecutive day of losses for Maharashtra Scooters, with a total decline of -11.14% in this period. However, the stock did open with a gain of 2.44% today, showing some initial positive movement.

The stock's intraday high was Rs 10150, a gain of 2.44%, while the intraday low was Rs 9333, a decline of -5.81%. This high volatility is reflected in the stock's intraday volatility of 5.14%, calculated from the weighted average price.

In terms of moving averages, Maharashtra Scooters is currently higher than its 200 day moving average, but lower than its 5 day, 20 day, 50 day, and 100 day moving averages. This indicates a mixed trend for the stock.

In comparison to the Sensex, Maharashtra Scooters has performed poorly, with a 1 day performance of -5.78% compared to the Sensex's -0.64%. Similarly, in the last 1 month, the stock has seen a decline of -24.18%, while the Sensex has only declined by -5.01%.

Overall, Maharashtra Scooters has had a rough day in the stock market, with a decline in its stock price and a 'Hold' call by MarketsMOJO. Investors should keep an eye on the stock's performance in the coming days to make informed decisions.