Saregama India's Stock Price Declines by -5.02% on March 13, Rated as 'Hold' by MarketsMOJO

Saregama India, a midcap company in the lifestyle industry, has seen a decline of -5.02% in its stock price on March 13, 2024. According to MarketsMOJO, the stock is currently rated as 'Hold'. The stock has underperformed the sector by -2.18% and has been on a downward trend for the past 3 days, with a fall of -10.75% in this period. On March 13, the stock touched an intraday low of Rs 342.35, a decrease of -6.08%.

Saregama India's performance in comparison to the Sensex has also been negative, with a -4.80% return on the day, while the Sensex has only seen a -0.83% decline. In the past month, the stock has seen a decline of -1.63%, while the Sensex has seen a positive return of 2.09%.

The stock is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a bearish trend. However, it is important to note that this information is based on past performance and does not guarantee future results.

Investors should carefully consider all available information before making any investment decisions. This news article is for informational purposes only and does not offer any recommendations or opinions. It is important to conduct thorough research and consult with a financial advisor before making any investment decisions.