One 97 Communications' Stock Sees Third Consecutive Day of Decline, Underperforming Sector.

Nov 13 2024 09:46 AM IST
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One 97 Communications, a finance/NBFC industry leader, has experienced a -3.01% decline in its stock price on November 13, 2024. This marks the third consecutive day of losses, with a total decline of -8.74%. Despite this, the company's moving averages remain higher, except for the 5 day average. It has underperformed the market, with a positive performance of 5.78% in the past month. The reason for the decline is unknown, but investors should monitor the company's performance closely.


One 97 Communications, a largecap company in the finance/NBFC industry, has recently seen a decline in its stock price. On November 13, 2024, the company's stock lost -3.01%, underperforming the sector by -1.77%. This marks the third consecutive day of losses for the stock, with a total decline of -8.74% in this period.

The stock's intraday low was Rs 770.9, a decrease of -2.39% from the previous day. However, despite this recent decline, One 97 Communications' moving averages are still higher than the 20 day, 50 day, 100 day, and 200 day moving averages. The only exception is the 5 day moving average, which is currently lower.

In comparison to the overall market performance, One 97 Communications' stock has underperformed. On the same day, the Sensex saw a decline of only -0.27%, while the company's stock saw a decline of -3.01%. Over the past month, the company's stock has seen a positive performance of 5.78%, while the Sensex has seen a decline of -3.59%.

While there is no information available on the reason for the recent decline in One 97 Communications' stock price, investors may want to keep an eye on the company's performance in the coming days. As a largecap company in the finance/NBFC industry, any significant changes in its stock price could have an impact on the overall market.
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