Network 18 Media & Investments Stock Continues Downward Trend, MarketsMOJO Gives 'Strong Sell' Call

Network 18 Media & Investments, a midcap company in the TV broadcasting and software industry, has been facing a downward trend in its stock performance. On October 7th, the company's stock lost -5.0%, underperforming the sector by -1.77%. This has led MarketsMOJO to give a 'Strong Sell' call for the stock.

The stock has been on a consecutive fall for the last 3 days, with a total decline of -8.4% during this period. On the same day, the stock touched an intraday low of Rs 75.01, a decrease of -4.37%. Network 18 Media is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a negative trend.

The TV broadcasting and software sector as a whole has also seen a decline of -2.09%. In comparison, Network 18 Media's 1-day performance is -5.00%, while the Sensex's performance is only -0.25%. Over the past month, the company's stock has seen a significant decrease of -16.95%, while the Sensex has seen a slight increase of 0.37%.

Despite the negative performance of Network 18 Media & Investments, it is important to note that this article is based on factual information and does not include any external data or sources. It is important for investors to conduct their own research and make informed decisions before investing in any company.