Phoenix Mills . Sees -3.0% Decline in Stock Amid Underperforming Sector

Phoenix Mills ., a largecap company in the construction and real estate industry, saw a decline of -3.0% in its stock on October 10, 2024. This drop was in line with the overall underperformance of the sector, with the stock falling -3.68% below the sector's performance.

The stock opened at Rs 1730 and touched an intraday low of Rs 1676.3, a decrease of -3.04%. This was also reflected in the stock's moving averages, which were higher than the 200 day moving average but lower than the 5 day, 20 day, 50 day, and 100 day moving averages.

MarketsMOJO has given a 'Sell' call for Phoenix Mills ., indicating a negative outlook for the stock. On the same day, the stock's performance was -3.11% compared to the Sensex's performance of 0.24%. Over the past month, the stock has seen a decline of -6.35%, while the Sensex has only seen a slight decrease of -0.31%.

Despite the recent drop in stock price, Phoenix Mills . remains a largecap company in the construction and real estate industry. Investors should continue to monitor the stock's performance and consider all factors before making any investment decisions.