Phoenix Mills Ltd. Stock Declines by -5.14% on October 3rd, Marking Third Consecutive Day of Losses

Phoenix Mills Ltd., a largecap company in the construction and real estate industry, has seen a decline in its stock price by -5.14% on October 3rd, 2024. This underperformance is reflected in the stock's current call of 'Sell' by MarketsMOJO. The stock opened with a loss of -2.3% today and touched an intraday low of Rs 1646.35, a decrease of -6.75%. This marks the third consecutive day of losses for the stock, with a total decline of -10.68% in this period. While the stock's performance today has underperformed the sector by -2.47%, it is still higher than its 200 day moving average. However, it is currently lower than its 5 day, 20 day, 50 day, and 100 day moving averages. In comparison to the Sensex, Phoenix Mills Ltd. has seen a -5.30% decline in its 1 day performance, while the Sensex has only seen a -0.63% decline. In the past month, the stock has also underperformed the Sensex with a -7.80% decline compared to the Sensex's 1.42% increase. Investors should keep an eye on Phoenix Mills Ltd.'s performance in the coming days to see if it can turn around its recent losses.