Metro Brands Stock Sees -3.78% Dip, Remains a Key Player in Consumer Durables Industry

Metro Brands, a leading player in the consumer durables industry, has seen a dip in its stock price on October 28, 2024. The company's stock has lost -3.78% and is currently trading at Rs 1138.75. This underperformance is reflected in the stock's movement compared to the sector, as it has underperformed by -3.72%. According to MarketsMOJO, a leading stock analysis platform, the current stock call for Metro Brands is 'Hold'. This suggests that investors should hold onto their current positions in the company's stock. The day's low for Metro Brands was Rs 1138.75, which is a -3.78% decrease from its previous closing price. The stock is also trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a downward trend in its performance. In comparison to the overall market performance, Metro Brands has seen a -3.80% decrease in its stock price, while the Sensex has seen a 0.88% increase. Over the past month, the company's stock has seen a -10.66% decrease, while the Sensex has seen a -6.39% decrease. Despite the recent dip in its stock price, Metro Brands remains a largecap company in the consumer durables industry. With its strong presence in the market, the company continues to be a key player in the industry. Investors are advised to keep a close eye on the company's performance in the coming days.