National Standard (India) Ltd's Stock Declines by -5.56% on October 22, 2024

Oct 22 2024 12:15 PM IST
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National Standard (India) Ltd, a midcap company in the metal-ferrous industry, has seen a -5.56% decline in its stock price on October 22, 2024. This is reflected in the 'Sell' rating given by MarketsMojo and the stock's underperformance in the sector by -3.46%. However, its moving averages are still higher than the 20 day average, but lower than the 5, 50, 100, and 200 day averages. In comparison to the Sensex, the stock has performed -5.56% and -2.37% in the last 1 day and 1 month, respectively.

National Standard (India) Ltd, a midcap company in the metal-ferrous industry, has seen a decline in its stock price by -5.56% on October 22, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Sell'.

The stock has underperformed the sector by -3.46% on the same day. It has also been on a consecutive fall for the last 2 days, with a total decline of -16.85% during this period. The stock touched an intraday low of Rs 4500, which is a decrease of -6.08%.

While the stock's performance today may be a cause for concern, it is worth noting that its moving averages are still higher than the 20 day moving average. However, it is lower than the 5 day, 50 day, 100 day, and 200 day moving averages.

In comparison to the Sensex, National Standard (India) Ltd's performance has been -5.56% in the last 1 day and -2.37% in the last 1 month. This is in contrast to the Sensex's performance of -0.39% and -4.39% in the same time periods, respectively.

Investors and experts may be closely monitoring the stock's performance, but it is important to note that this article is based on factual information and does not include any future potential, investor interest, or expert opinions. As always, it is advisable to do your own research and make informed decisions when it comes to investing in the stock market.
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