Oil India Ltd. Stock Sees -3.35% Decline, MarketsMOJO Gives 'Hold' Call.

Oil India ., a largecap company in the oil exploration and refineries industry, saw a decline of -3.35% in its stock price on November 26, 2024. This underperformance was noted by MarketsMOJO, who have given a 'Hold' call for the stock.

The stock's performance today was -2.73% lower than the sector's performance, indicating a slight lag in comparison. Additionally, the stock has reversed its trend after four consecutive days of gains, which may be a cause for concern for investors.

On the day, the stock touched an intraday low of Rs 507, which was a decrease of -2.77%. However, the stock's moving averages show a mixed picture, with it being higher than the 5-day, 20-day, and 200-day moving averages, but lower than the 50-day and 100-day moving averages.

In comparison to the Sensex, Oil India Ltd.'s performance was -3.35% for the day, while the Sensex only saw a decline of -0.17%. However, over the past month, the stock has outperformed the Sensex with a 1-month performance of 3.96% compared to the Sensex's 0.72%.

Overall, Oil India Ltd.'s stock performance has been relatively stable, with a slight decline on the day. Investors may want to keep an eye on the stock's trend reversal and its performance compared to the sector and Sensex in the coming days.