M&M Fin. Serv. Stock Price Drops -6.42% Amidst Consecutive Falls and Underperformance

Mahindra & Mahindra Financial Services (M&M Fin. Serv.) has seen a decline in its stock price by -6.42% on October 23, 2024. This decline comes after a series of consecutive falls in the last three days, resulting in a total loss of -8.62%. The stock opened with a gap down of -5.91% and touched an intraday low of Rs 260 (-7.74%). It has also been highly volatile today, with an intraday volatility of 28.24%.

M&M Fin. Serv. is a largecap company in the finance/NBFC industry. It has been underperforming the sector by -5.06% today. The stock is currently trading lower than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This indicates a downward trend in its stock price.

According to MarketsMOJO, the stock call for M&M Fin. Serv. is 'Sell'. However, it is important to note that this is not a recommendation from experts or investors, but rather a fact-based analysis of the stock's performance.

In comparison to the Sensex, M&M Fin. Serv. has performed poorly in the last 1 day and 1 month, with returns of -6.42% and -20.57% respectively. This is in contrast to the Sensex's performance of 0.16% and -5.40% in the same time periods.

Overall, the recent decline in M&M Fin. Serv.'s stock price may be a cause for concern for investors. However, it is important to conduct further research and analysis before making any investment decisions.