MarketsMOJO calls for 'Hold' on Bombay Dyeing stock as it sees -7.07% decline

Bombay Dyeing & Manufacturing Company, a smallcap company in the diversified industry, has seen a decline of -7.07% in its stock price on October 7, 2024. This has led to a 'Hold' call by MarketsMOJO for the stock.

The stock has underperformed the sector by -4.42% today and has been on a consecutive fall for the last 2 days, with a total decline of -8.96% in this period. The stock's intraday high was Rs 232.1 (2.2%) and the intraday low was Rs 209.75 (-7.64%). It has shown high volatility today with an intraday volatility of 5.85% (calculated from weighted average price).

The stock's moving averages are currently higher than the 100-day and 200-day moving averages, but lower than the 5-day, 20-day, and 50-day moving averages. In the diversified sector, there has been a decline of -3.01%.

In comparison to the Sensex performance of -1.06%, Bombay Dyeing & Manufacturing Company Ltd has shown a 1-day performance of -7.33%. Similarly, in the last 1 month, the stock has outperformed the Sensex with a performance of 1.18% compared to the Sensex's -0.45%.

Overall, Bombay Dyeing & Manufacturing Company Ltd has seen a decline in its stock price, with a 'Hold' call by MarketsMOJO. Investors should keep an eye on the stock's performance and the sector's trends before making any investment decisions.