Sarda Energy & Minerals Ltd's Stock Price Declines by -5.15% on November 13, Rated as 'Hold' by MarketsMOJO

Sarda Energy & Minerals Ltd, a midcap company in the steel, sponge iron, and pig iron industry, has seen a decline in its stock price by -5.15% on November 13, 2024. According to MarketsMOJO, the stock is currently rated as 'Hold'.

The stock has underperformed the sector by -1.51% and has been on a downward trend for the past four days, with a fall of -8.63% in this period. On the same day, the stock touched an intraday low of Rs 422, a decrease of -5.42%.

While the stock's moving averages are higher than the 100-day and 200-day averages, they are lower than the 5-day, 20-day, and 50-day averages. This indicates a mixed trend for the stock.

In the steel, sponge iron, and pig iron sector, there has been a decline of -3.09%. In comparison, Sarda Energy & Minerals Ltd has shown a 1-day performance of -4.72% while the Sensex has performed at -1.19%. Similarly, in the past month, the stock has seen a decline of -14.78% while the Sensex has fallen by -4.48%.

Overall, Sarda Energy & Minerals Ltd has seen a decline in its stock price and is currently rated as 'Hold' by MarketsMOJO. Investors should keep an eye on the stock's performance in the coming days to make informed decisions.