SKF India's Stock Declines by 5.02% Amid Negative Outlook from MarketsMOJO.

SKF India, a leading bearings manufacturer in the largecap industry, has seen a decline in its stock price by -5.02% on November 14, 2024. This has led to a 'Sell' call by MarketsMOJO, indicating a negative outlook for the company's stock.

The stock has underperformed the sector by -3.47% today, and has been on a downward trend for the past 3 days with a fall of -7.9% in this period. The stock also experienced high volatility today, with an intraday volatility of 40.94%, calculated from the weighted average price.

In terms of moving averages, SKF India is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

Compared to the performance of the Sensex, SKF India's stock has declined by -4.59% in the past day and -14.31% in the past month. In comparison, the Sensex has only seen a slight increase of 0.08% in the past day and a decline of -5.15% in the past month.

Investors and experts are closely monitoring the performance of SKF India, as the company continues to face challenges in the market. However, with a neutral and informative tone, it is important to note that this article is based on factual information and does not make any recommendations or mention any future potential or investor interest.