SJVN Ltd. Stock Sees 3.78% Increase, Outperforms Sector by 2%

SJVN Ltd., a largecap company in the power generation and distribution industry, saw a 3.78% increase in its stock price on October 18, 2024. This was in line with the overall performance of the sector, as the company outperformed the sector by 2%.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current stock call for SJVN Ltd. is 'Sell'. However, it is important to note that this recommendation is based on the company's past performance and does not take into account any future potential or investor interest.

On the day of October 18, SJVN Ltd. saw a trend reversal as the stock gained after two consecutive days of falling. The stock touched an intraday high of Rs 122.4, a 2.94% increase, and an intraday low of Rs 115.55, a -2.82% decrease.

In terms of moving averages, SJVN Ltd.'s stock is currently higher than its 5-day moving average but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a mixed trend in the stock's performance.

Compared to the overall performance of the Sensex, SJVN Ltd. has outperformed with a 1-day performance of 3.62% compared to Sensex's 0.25%. However, over the past month, the company's stock has seen a -4.53% decrease while the Sensex has seen a -2.10% decrease.

Overall, SJVN Ltd.'s stock performance on October 18 was positive, but the company's current stock call is 'Sell' according to MarketsMOJO. Investors should carefully consider all factors before making any investment decisions.