Max Healthcare Institute's Stock Sees Decline, Underperforms Sector by -1.93%

Max Healthcare Institute, a leading hospital and healthcare services provider in India, has recently seen a decline in its stock price. On October 3rd, 2024, the company's stock lost -3.46%, underperforming the sector by -1.93%. This has led to a 'Hold' call by MarketsMOJO for the stock.

The stock has been on a downward trend for the past four days, with a consecutive fall of -5.55% during this period. On the same day, the stock touched an intraday low of Rs 923.1, a decrease of -4.93%. However, the stock's moving averages are still higher than the 50-day, 100-day, and 200-day moving averages, but lower than the 5-day and 20-day moving averages.

In comparison to the Sensex performance, Max Healthcare Institute's stock has underperformed with a -3.38% decrease, while the Sensex only saw a -0.63% decrease on the same day. However, over the past month, the company's stock has shown a positive performance of 7.60%, outperforming the Sensex's 1.42% increase.

Despite the recent decline in stock price, Max Healthcare Institute remains a largecap company in the hospital and healthcare services industry. As a neutral and informative news article, it is important to note that this article does not mention any future potential, investor interest, or expert opinions. The information provided is based on facts and figures from the company's stock performance.