NLC India .'s Stock Price Declines, Underperforms Sector and Sensex

NLC India ., a largecap company in the power generation and distribution industry, has recently seen a decline in its stock price. On October 22, 2024, the company's stock lost -3.31%, underperforming the sector by -2.53%. This has led to a 'Hold' call by MarketsMOJO for the stock.

In the past two days, NLC India . has been on a downward trend, with a fall of -5.53% in its returns. The stock also touched an intraday low of Rs 250 (-2.7%). However, it is worth noting that the stock's performance is still higher than its 200 day moving average, but lower than its 5 day, 20 day, 50 day, and 100 day moving averages.

In comparison to the Sensex, NLC India .'s performance has been -3.44% in the last 1 day and -7.74% in the last 1 month, while the Sensex has seen a decline of -0.47% and -4.47%, respectively. This indicates that the company's stock has been underperforming in the short term.

It is important to note that this article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative tone for readers who are interested in the performance of NLC India . in the stock market. As always, it is recommended to do your own research and consult with a financial advisor before making any investment decisions.