NLC India Ltd. Sees -3.54% Decline, Underperforms Sector and Sensex.

NLC India ., a largecap company in the power generation and distribution industry, saw a decline of -3.54% on November 4th, 2024. This drop in stock price has been reflected in the 'Hold' rating given by MarketsMOJO.

The stock's performance today was -1.72% lower than the sector's average, indicating a slight underperformance. Additionally, the stock has reversed its trend after two consecutive days of gains, with an intraday low of Rs 250.5 (-3.11%).

While the stock's moving averages are higher than the 5-day and 200-day averages, it is lower than the 20-day, 50-day, and 100-day averages. This suggests a mixed trend for the stock in the short term.

In the power generation and distribution sector, there has been a decline of -2.1%, further highlighting the overall negative sentiment in the industry.

Comparing NLC India Ltd.'s performance to the Sensex, the stock has underperformed with a -3.31% decline, while the Sensex saw a -1.31% decline. Similarly, over the past month, NLC India Ltd. has seen a -9.50% decline compared to the Sensex's -3.68% decline.

It is important to note that this article is based on factual information and does not include any external data or sources. As a neutral and informative piece, it does not mention any future potential, investor interest, or expert opinions. This is solely to provide readers with an unbiased overview of NLC India Ltd.'s recent performance in the stock market.