Phoenix Mills . Stock Price Declines by -3.42% and Receives 'Sell' Call from MarketsMOJO

Oct 22 2024 10:05 AM IST
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Phoenix Mills ., a largecap company in the construction and real estate industry, has seen a -3.42% decline in its stock price on October 22, 2024. The stock has also underperformed the sector by -1.24% and is currently trading below all its moving averages, indicating a negative trend. Investors should conduct thorough research before making any investment decisions.


Phoenix Mills ., a largecap company in the construction and real estate industry, has seen a decline in its stock price on October 22, 2024. The stock has lost -3.42% and has been given a 'Sell' call by MarketsMOJO.

According to the price summary, Phoenix Mills . has underperformed the sector by -1.24% on the given day. The stock has also been on a downward trend for the past four days, with a total decline of -9.02% during this period. On October 22, the stock touched an intraday low of Rs 1516.6, showing a decrease of -3.4%.

In terms of moving averages, Phoenix Mills . is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a negative trend in the stock's performance.

Compared to the overall performance of the Sensex, Phoenix Mills . has shown a decline of -3.32% in the past day and -18.34% in the past month. In comparison, the Sensex has only declined by -3.68% in the same time period.

While the reasons for the decline in Phoenix Mills .'s stock price are not mentioned, investors should take note of the negative trend and the 'Sell' call given by MarketsMOJO. It is important to conduct thorough research and analysis before making any investment decisions.
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