Railtel Corporation of India's Stock Sees -5.34% Decline, Underperforms in Telecom Industry

Railtel Corporation of India, a midcap company in the telecommunication equipment industry, saw a decline of -5.34% in its stock price on October 25th, 2024. This underperformance was noted by MarketsMOJO, who has given a 'Hold' call for the stock.

The stock touched an intraday low of Rs 392.8, falling by -5.34%. This downward trend comes after two consecutive days of gains for the company's stock. Railtel Corporation of India is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the telecommunication equipment sector, Railtel Corporation of India's stock has fallen by -3.09%. This decline is in line with the overall trend in the sector.

Compared to the performance of the Sensex, Railtel Corporation of India's stock has underperformed by -5.59% in the past day and -13.63% in the past month. This is in contrast to the Sensex's performance of -1.08% and -7.01% in the same time periods, respectively.

Investors should note that this article is based on factual information and does not include any external data or sources. It is important to conduct thorough research and analysis before making any investment decisions.