Punjab & Sind Bank's Stock Price Declines by -3.1% on October 25th, 2024

Oct 25 2024 10:00 AM IST
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Punjab & Sind Bank, a leading public bank in India, experienced a -3.1% decline in its stock price on October 25th, 2024. This comes after being part of a Hidden Turnaround on MarketsMojo since July 31st, 2024. The stock is currently rated as 'Sell' and has underperformed the sector by -3.09% on the day. It is trading below its moving averages and has seen a decline in the past 1 day and 1 month compared to the Sensex. Investors and experts are advised to monitor the stock's performance in the coming days.

Punjab & Sind Bank, one of the leading public banks in India, has seen a decline of -3.1% in its stock price on October 25th, 2024. This decline comes after the stock had been part of a Hidden Turnaround on MarketsMOJO since July 31st, 2024.

According to MarketsMOJO, the stock is currently rated as 'Sell' and has underperformed the sector by -3.09% on the day. The stock also saw a trend reversal, falling after two consecutive days of gains. However, it did open with a gain of 2.14% today.

The stock's intraday high was Rs 50.69, a gain of 2.14%, while its intraday low was Rs 47.9, a decline of -3.49%. It is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, Punjab & Sind Bank's performance in the past 1 day and 1 month has been -3.10% and -13.48% respectively, while the Sensex has seen a decline of -0.47% and -6.43% in the same time periods.

Investors and experts are advised to keep an eye on the stock's performance in the coming days, as it may continue to see fluctuations in its price. However, it is important to note that this article is based on factual information and does not offer any recommendations or mention any potential future developments.
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