Panorama Studios International's Stock Sees Decline, Underperforms Sector by -8.93%

Panorama Studios International, a smallcap company in the film production, distribution, and entertainment industry, has recently seen a decline in its stock performance. On October 3rd, 2024, the company's stock lost -8.13% of its value, underperforming the sector by -8.93%. This has led to a 'Hold' call on the stock by MarketsMOJO.

The stock has been on a downward trend for the past two days, with a consecutive fall of -11.41% during this period. It also opened with a loss of -4.39% today and reached an intraday low of Rs 215.35 (-10.48%). The stock has shown high volatility today, with an intraday volatility of 5.34% calculated from the weighted average price.

Despite the recent decline, Panorama Studios International's stock is still performing well in the long term. It is currently higher than its 20-day, 50-day, 100-day, and 200-day moving averages, but lower than its 5-day moving average.

In comparison to the overall market performance, Panorama Studios International's stock has underperformed. Its 1-day performance is -8.54% compared to the Sensex's -2.12%, and its 1-month performance is 23.25% compared to the Sensex's -0.09%.

As a smallcap company in the film industry, Panorama Studios International's stock performance may be affected by various factors such as box office success, competition, and market trends. Investors should carefully consider these factors before making any investment decisions.