Oil India's Stock Price Dips -3.4% on October 15, 2024, According to MarketsMOJO

Oil India ., a leading player in the oil exploration and refineries industry, has seen a dip in its stock price on October 15, 2024. The company's stock has lost -3.4% on this day, underperforming the sector by -1.82%.

According to MarketsMOJO, a leading stock market analysis platform, the current call for Oil India . is 'Hold'. This suggests that investors should hold onto their existing shares of the company and not make any new investments at this time.

Taking a closer look at the price summary, we can see that the stock has fallen after two consecutive days of gains. It also touched an intraday low of Rs 573.65, which is a decrease of -2.12%.

While the moving averages for Oil India . are higher than the 5 day, 100 day, and 200 day averages, they are lower than the 20 day and 50 day averages. This indicates a mixed trend for the company's stock.

In comparison to the overall performance of the stock market, Oil India .'s 1 day performance is -3.40%, while the Sensex's performance is -0.22%. Similarly, the 1 month performance of Oil India . is -3.32%, while the Sensex's performance is -1.33%.

Overall, it is important for investors to keep a close eye on the performance of Oil India . and make informed decisions based on their individual investment strategies. With a largecap size, the company has a strong presence in the industry and its stock performance can have a significant impact on the market.