Shanthi Gears sees -7.0% decline in stock price, rated 'Hold' by MarketsMOJO

Shanthi Gears ., a smallcap company in the auto ancillary industry, has seen a decline of -7.0% in its stock price on October 25th, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Hold'.

The stock has underperformed the sector by -4.43% and has been on a consecutive fall for the last 2 days, with a total decline of -9.38% during this period. On the day of October 25th, the stock touched an intraday low of Rs 539.4, showing a decrease of -6.94%. The stock has also been highly volatile, with an intraday volatility of 5.22%, calculated from the weighted average price.

Shanthi Gears is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a downward trend in its stock price. The auto ancillary sector as a whole has also seen a decline of -2.04%.

In comparison to the Sensex, Shanthi Gears has performed poorly, with a 1 day performance of -7.00% compared to the Sensex's -1.12%. Similarly, in the past month, the stock has seen a decline of -13.37% while the Sensex has only declined by -7.05%.

Overall, Shanthi Gears . has experienced a decline in its stock price and has been rated as 'Hold' by MarketsMOJO. Investors should keep an eye on the stock's performance and the overall trend in the auto ancillary sector before making any investment decisions.