Rail Vikas Nigam's Stock Sees Decline Amidst Consecutive Fall and 'Sell' Call
Rail Vikas Nigam, a largecap engineering company, has seen a -4.41% decline in its stock price on November 4th, 2024. The stock has been given a 'Sell' call and has underperformed the sector by -2.35%. Moving averages show a downward trend, with a -2.04% decline in the engineering sector. Investors should monitor market trends before investing.
Rail Vikas Nigam, a largecap engineering company, has seen a decline in its stock price by -4.41% on November 4th, 2024. According to MarketsMOJO, the stock has been given a 'Sell' call. The stock has underperformed the sector by -2.35% and has been on a consecutive fall for the last 2 days, with a decline of -4.48% during this period. The stock also touched an intraday low of Rs 448.5 (-4.74%).
While the stock's moving averages are higher than the 5-day and 200-day moving averages, it is lower than the 20-day, 50-day, and 100-day moving averages. In the engineering sector, Rail Vikas Nigam's stock has fallen by -2.04%.
In comparison to the Sensex performance, Rail Vikas Nigam's stock has seen a decline of -3.94% in the last 1 day, while the Sensex has seen a decline of -1.21%. In the last 1 month, the stock has seen a decline of -8.28%, while the Sensex has seen a decline of -3.59%.
These numbers indicate a downward trend for Rail Vikas Nigam's stock in the short term. Investors should keep an eye on the stock's performance and the overall market trends before making any investment decisions.
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