PCBL Stock Sees -5.38% Decline, Rated 'Hold' by MarketsMOJO

PCBL, a midcap company in the carbon black industry, saw a decline of -5.38% on October 31, 2024. This drop in stock price has been reflected in the stock call given by MarketsMOJO, which is currently 'Hold'.

In terms of performance, PCBL underperformed the sector by -2% on the same day. This is a continuation of a downward trend for the company, as it has been losing for the past 3 days and has seen a -8.46% decrease in returns during this period. The stock also touched an intraday low of Rs 407.85, representing a -5.86% decrease.

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

In the carbon black sector, PCBL's performance has fallen by -3.64%. This is in line with the overall trend in the sector, which has also seen a decline.

Comparing PCBL's performance to the Sensex, the company's stock saw a -5.14% decrease in the past day, while the Sensex only saw a -0.55% decrease. Similarly, in the past month, PCBL's stock has seen a -28.00% decrease, while the Sensex has only seen a -5.66% decrease.

Overall, PCBL's stock has seen a decline in recent days and is currently rated as 'Hold' by MarketsMOJO. Investors should keep an eye on the company's performance in the coming days to make informed decisions.