Saregama India's Stock Sees -5.39% Decline, MarketsMOJO Gives 'Hold' Call

Saregama India, a midcap company in the lifestyle industry, saw a decline of -5.39% in its stock on October 4th, 2024. The stock has been given a 'Hold' call by MarketsMOJO, indicating a neutral stance on its performance.

In terms of price, Saregama India underperformed the sector by -3.16% on the day. It also saw a consecutive fall for the last 2 days, with a total decline of -8.12% during this period. The stock touched an intraday low of Rs 611.4, showing a decrease of -5.64%.

However, Saregama India is still trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This suggests that the stock may still have potential for growth in the future.

In comparison to the overall market performance, Saregama India's 1 day performance was -5.76%, while the Sensex's performance was -0.97%. Over the past month, Saregama India has shown a positive growth of 23.03%, while the Sensex has seen a decline of -0.79%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is intended to provide a neutral and informative overview of Saregama India's recent stock performance. Investors are advised to do their own research and consult with a financial advisor before making any investment decisions.