Sundaram Finance's Stock Declines -3.09% on October 24, Underperforming Sector by -2.96%

Sundaram Finance, a leading finance and non-banking financial company (NBFC), saw a decline in its stock price on October 24, 2024. The stock lost -3.09% on this day, underperforming the sector by -2.96%. This marks the third consecutive day of losses for the company, with a total decline of -7.08% during this period.

The stock's intraday low was Rs 4655.75, a decrease of -4.09% from the previous day. However, the stock's moving averages are still higher than the 100-day and 200-day moving averages, indicating a relatively stable performance in the long term. On the other hand, the stock is currently lower than the 5-day, 20-day, and 50-day moving averages.

In comparison to the overall market performance, Sundaram Finance's stock has underperformed. On October 24, 2024, the stock's performance was -3.09%, while the Sensex's performance was only -0.05%. In the past month, the stock has also seen a decline of -6.57%, while the Sensex's performance was -5.74%.

As a largecap company in the finance/NBFC industry, Sundaram Finance's stock performance is closely watched by investors. However, it is important to note that this article is based on factual information and does not include any future potential, investor interest, or expert opinions. The stock call by MarketsMOJO is 'Hold', and this article aims to provide a neutral and informative tone for readers.