Rail Vikas Nigam Stock Sees -4.17% Decline, MarketsMOJO Issues 'Sell' Call

Nov 13 2024 03:20 PM IST
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On November 13, 2024, Rail Vikas Nigam, a largecap engineering company, saw a -4.17% decline in its stock price, with a 'Sell' call from MarketsMojo. The stock's performance was -1.91% lower than the engineering sector and it is currently higher than its 200 day moving average but lower than its shorter term moving averages.

Rail Vikas Nigam, a largecap engineering company, saw a decline of -4.17% in its stock price on November 13, 2024. This underperformance was noted by MarketsMOJO, who gave a 'Sell' call for the stock.

The stock opened at Rs 451.75 and touched an intraday high of Rs 451.75 (3.22%), but later fell to an intraday low of Rs 418.25 (-4.43%). The stock's performance today was -1.91% lower than the engineering sector's performance, which has fallen by -2.21%.

In terms of moving averages, Rail Vikas Nigam's stock is currently higher than its 200 day moving average, but lower than its 5 day, 20 day, 50 day, and 100 day moving averages. This indicates a mixed trend in the stock's performance.

Comparing the stock's performance to the overall market, Rail Vikas Nigam's 1 day performance was -4.19% compared to the Sensex's -1.19%. Similarly, the stock's 1 month performance was -11.78% compared to the Sensex's -4.48%.

Overall, Rail Vikas Nigam's stock has seen a decline in its performance, with a 'Sell' call from MarketsMOJO. Investors should keep an eye on the stock's moving averages and sector performance for any potential changes in the future.
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