SJVN Ltd. Stock Performance Declines, Underperforms Sector and Market

SJVN Ltd., a largecap company in the power generation and distribution industry, has been facing a downward trend in its stock performance. On October 7th, 2024, the company's stock lost -3.08%, underperforming the sector by -1.98%. This has led to a 'Sell' call by MarketsMOJO.

The stock has been on a consecutive fall for the last 5 days, with a total decline of -8.16% during this period. On the same day, SJVN's stock touched an intraday low of Rs 122.2, a decrease of -3.48%. This downward trend is also reflected in the company's moving averages, as it is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

In comparison to the overall market performance, SJVN's stock has underperformed. On the day of the stock's decline, its performance was -3.28% while the Sensex's performance was 0.34%. Similarly, in the past month, SJVN's stock has declined by -6.17% while the Sensex has shown a positive growth of 0.96%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative overview of SJVN's recent stock performance. As a responsible investor, it is always recommended to conduct thorough research and analysis before making any investment decisions.