Phoenix Mills . Stock Declines -7.89% in Fourth Consecutive Day of Losses

Oct 28 2024 09:30 AM IST
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On October 28, 2024, Phoenix Mills ., a largecap company in construction and real estate, saw a -7.89% decline in its stock price, underperforming the sector by -7.21%. This marks the fourth consecutive day of losses, with a total decline of -13.16%. The stock is currently trading below its moving averages and has a 'Sell' recommendation from MarketsMojo.


Phoenix Mills ., a largecap company in the construction and real estate industry, has seen a decline in its stock price on October 28, 2024. The stock has lost -7.89% on this day, underperforming the sector by -7.21%. This marks the fourth consecutive day of losses for the company, with a total decline of -13.16% during this period.

The stock opened with a gap down of -4.24% and touched an intraday low of Rs 1371.65, a decrease of -7.58%. Phoenix Mills . is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the stock call for Phoenix Mills . is 'Sell'. This recommendation is based on the stock's recent performance and market trends, and is not influenced by any external factors such as investor interest or expert opinions.

In comparison to the overall market performance, Phoenix Mills . has underperformed the Sensex by -7.90% in the last 1 day and -27.48% in the last 1 month. This further supports the 'Sell' recommendation for the stock.

It is important to note that this article is based on factual information and does not make any future predictions or recommendations. Investors are advised to do their own research and analysis before making any investment decisions.
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