Smallcap Company Ajmera Realty & Infra India Sees -7.16% Decline in Stock Price on November 13, 2024

Ajmera Realty & Infra India, a smallcap company in the construction and real estate industry, has seen a decline of -7.16% in its stock price on November 13, 2024. This underperformance is reflected in the stock's 'Hold' rating by MarketsMOJO.

The stock opened with a gap down of -5.48% and continued to fall throughout the day, touching an intraday low of Rs 860, a decrease of -7.1%. The stock also showed high volatility with an intraday range of 5.09%. However, it did manage to touch an intraday high of Rs 947.85, a gain of 2.39%.

Ajmera Realty & Infra India has been on a downward trend for the past four days, with a consecutive fall of -10.37% during this period. The stock's performance today was also -3.95% lower than the sector's performance, indicating a weaker performance compared to its peers in the construction - real estate industry.

Despite the recent decline, Ajmera Realty & Infra India's stock price is still higher than its 50-day, 100-day, and 200-day moving averages. However, it is currently lower than its 5-day and 20-day moving averages.

In comparison to the overall market performance, Ajmera Realty & Infra India's stock has underperformed with a -6.65% decrease, while the Sensex has only seen a -0.64% decline. However, over the past month, the stock has outperformed the Sensex with a 30.21% increase, while the Sensex has seen a -3.94% decline.

Overall, Ajmera Realty & Infra India's stock has shown a decline in its performance, but it still remains higher than its moving averages and has outperformed the market in the past month. Investors may want to keep an eye on the stock's performance in the coming days to make informed decisions.