Saregama India's Stock Declines by -5.13% on October 25th, Underperforms Sector and Sensex

Saregama India, a midcap company in the lifestyle industry, has seen a decline of -5.13% in its stock price on October 25th, 2024. The stock has been given a 'Hold' call by MarketsMOJO, indicating a neutral stance on the company's performance.

On the day of the decline, Saregama India's stock underperformed the sector by -3.22%. The stock touched an intraday low of Rs 477.25, showing a decrease of -4.95%. However, the stock's moving averages are higher than the 200 day moving average, indicating a positive trend in the long term. But, it is currently lower than the 5 day, 20 day, 50 day, and 100 day moving averages, suggesting a short term decline.

In comparison to the Sensex performance, Saregama India's stock has shown a decline of -5.11% in just one day, while the Sensex has only declined by -1.08%. In the past month, the stock has seen a decline of -22.35%, while the Sensex has only declined by -7.01%. This indicates that Saregama India's stock has underperformed the market in both short term and long term.

Investors and experts have not been mentioned in this article, as it aims to provide a fact-based and neutral perspective on Saregama India's stock performance. It is important for investors to do their own research and analysis before making any investment decisions.