PTC India's Stock Sees -5.04% Decline, MarketsMOJO Gives 'Hold' Call.

PTC India, a midcap trading company, saw a decline of -5.04% in its stock price on October 7th, 2024. This underperformance was noted by MarketsMOJO, who have given a 'Hold' call for the stock.

The stock has been on a downward trend for the past three days, with a fall of -8.56% during this period. On the same day, PTC India's stock touched an intraday low of Rs 190.6, a decrease of -5.29%. The company's stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Despite the recent decline, PTC India offers a high dividend yield of 3.88% at its current price. However, it is important to note that the stock's performance has been -5.76% in comparison to the Sensex's -0.50% on a one-day basis. On a one-month basis, PTC India's performance has been -11.91% while the Sensex has seen a slight increase of 0.12%.

PTC India's stock performance may be a cause for concern for investors, but it is important to note that this article is based on factual information and does not include any external data or sources. As a midcap trading company, PTC India's stock may fluctuate in the short term, but its high dividend yield may be attractive to long-term investors.