Orient Green Power Company's Stock Sees -8.61% Decline, Labeled as 'Strong Sell' by MarketsMOJO

Orient Green Power Company, a smallcap company in the power industry, has seen a decline in its stock price by -8.61% on August 13, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which has labeled it as a 'Strong Sell'.

The stock has underperformed the sector by -10.16% today and has also shown a trend reversal after two consecutive days of gains. It opened with a gap down of -9.28% and touched an intraday low of Rs 21.37, which is a decrease of -10.29%. The stock has also been highly volatile today, with an intraday volatility of 59.41% calculated from the weighted average price.

Despite the recent decline, Orient Green Power Company's moving averages are still higher than the 50-day, 100-day, and 200-day moving averages. However, it is lower than the 5-day and 20-day moving averages.

In comparison to the Sensex, Orient Green Power Company's 1-day performance is -8.77%, while the Sensex's performance is only -0.12%. Over the past month, the company's performance has been 1.45%, while the Sensex's performance has been -1.20%.

Investors should keep an eye on Orient Green Power Company's stock as it continues to show volatility and a downward trend. This information is based on facts and data, and no recommendations are being made.