Phoenix Mills Ltd. experiences decline in stock price, underperforms sector and Sensex

Phoenix Mills ., a largecap company in the construction and real estate industry, has seen a decline in its stock price on October 1st, 2024. The stock has lost -3.29% and has been given a 'Sell' call by MarketsMOJO.

According to the price summary, Phoenix Mills . has underperformed the sector by -3.38% on the day. This marks the second consecutive day of losses for the company, with a total decline of -4.98% in this period. The stock also touched an intraday low of Rs 1790.9, showing a decrease of -3.29%.

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

In comparison to the Sensex performance, Phoenix Mills Ltd. has shown a decline of -3.33% in the past day, while the Sensex has seen a slight increase of 0.19%. Over the past month, the company's stock has also underperformed the Sensex, with a decline of -4.52% compared to the Sensex's increase of 2.54%.

While the stock may have seen a decline in its price, it is important to note that this article is purely informative and does not offer any recommendations or mention any potential for future growth. The information provided is based on facts and figures, and does not include any external data or sources. Investors are advised to conduct their own research and make informed decisions.