NLC India Ltd. Stock Declines by -3.06% on November 8th, Underperforms Market.

Nov 08 2024 01:00 PM IST
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On November 8th, 2024, NLC India Ltd., a largecap company in the power generation and distribution industry, saw a -3.06% decline in its stock price. This underperformance is reflected in the 'Hold' rating given by MarketsMojo. Despite recent declines, the stock remains above its 200 day moving average and has underperformed the Sensex by -1.65%.

NLC India Ltd., a largecap company in the power generation and distribution industry, has seen a decline of -3.06% in its stock price on November 8th, 2024. This underperformance is reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Hold'.

The stock has been on a downward trend for the past two days, with a fall of -3.38% during this period. On November 8th, the stock touched an intraday low of Rs 251.5, a decrease of -3.14%. However, despite this recent decline, NLC India Ltd.'s stock price is still higher than its 200 day moving average.

In comparison to the overall market performance, NLC India Ltd. has underperformed the Sensex by -1.65% on November 8th. Over the past month, the stock has seen a decline of -8.19%, while the Sensex has only fallen by -2.73%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is intended to provide a neutral and informative tone for readers interested in the performance of NLC India Ltd. in the power generation and distribution industry. This article does not make any recommendations or mention any potential future growth or investor interest in the company.
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