Savita Oil Technologies' Stock Sees -7.01% Decline, Underperforms Sector and Sensex

Savita Oil Technologies, a smallcap company in the lubricants industry, has seen a decline in its stock price by -7.01% on October 7th, 2024. According to MarketsMOJO, the stock is currently rated as 'Hold'.

In terms of performance, Savita Oil Technologies has underperformed the sector by -5.28% on the same day. The stock has also been on a downward trend for the past 3 days, with a fall of -9.75% during this period. On October 7th, the stock touched an intraday low of Rs 500.65, a decrease of -9.6%.

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

In the lubricants sector, there has been a decline of -3.51%, which could have contributed to the fall in Savita Oil Technologies' stock price.

Compared to the overall performance of the Sensex, Savita Oil Technologies has seen a decline of -7.08% in just one day, while the Sensex has only decreased by -0.25%. In the past month, the stock has seen a decline of -12.27%, while the Sensex has seen a slight increase of 0.37%.

Overall, Savita Oil Technologies' stock performance has been on a downward trend, with a decline in both short-term and long-term periods. Investors may want to keep an eye on the company's future performance before making any investment decisions.