Sundaram Finance's Stock Declines by -3.79% on November 8th, Rated as 'Hold' by MarketsMOJO

Nov 08 2024 02:45 PM IST
share
Share Via
On November 8th, 2024, Sundaram Finance, a leading finance and NBFC company in India, saw a -3.79% decline in its stock price. This was reflected in the 'Hold' rating given by MarketsMojo. The stock has underperformed the sector by -3.4% and has been on a consecutive decline for the last 4 days. However, it is currently higher than its 200-day moving average, but lower than its shorter moving averages. Investors are advised to conduct their own research before making any decisions.

Sundaram Finance, a leading finance and non-banking financial company (NBFC) in India, has seen a decline in its stock price by -3.79% on November 8th, 2024. This has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Hold'.

The stock has underperformed the sector by -3.4% on the same day. It has also been on a consecutive fall for the last 4 days, with a total decline of -9.12% during this period. The stock touched an intraday low of Rs 4515.4, which is a decrease of -4.11%.

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

On the same day, Sundaram Finance's 1-day performance was -3.18%, while the Sensex's performance was -0.06%. In the past month, the stock has seen a decline of -15.10%, while the Sensex has declined by -2.62%.

Sundaram Finance is a large-cap company in the finance and NBFC industry. While the stock has seen a decline in its price, it is important to note that this article is purely based on facts and does not mention any future potential, investor interest, or expert recommendations. Investors are advised to do their own research and make informed decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News