RIR Power Electronics Ltd's Stock Sees Third Consecutive Day of Losses, MarketsMOJO Gives 'Hold' Call

RIR Power Electronics Ltd, a smallcap company in the electronics components industry, saw a decline in its stock price today. According to MarketsMOJO, the stock opened with a loss of -5.0% and underperformed the sector by -4.78%. This marks the third consecutive day of losses for the company, with a total decline of -14.26% in this period.

The stock opened at Rs 1788.3, touching an intraday low of Rs 1788.3 (-5%). It has since traded at this price, showing no range for the day. However, the stock's moving averages are higher than the 20 day, 50 day, 100 day, and 200 day moving averages, but lower than the 5 day moving average.

In comparison to the Sensex performance, RIR Power Electronics Ltd's 1 day performance is -5.00% while the Sensex only saw a decline of -0.62%. Over the past month, the company's stock has performed well with a 53.19% increase, while the Sensex has seen a decline of -1.09%.

Based on these numbers, MarketsMOJO has given a 'Hold' call for RIR Power Electronics Ltd's stock. As a smallcap company in the electronics components industry, it is important for investors to keep an eye on the company's performance and make informed decisions.