Suyog Telematics' Stock Declines by -7.53% and Receives 'Hold' Call from MarketsMOJO

Suyog Telematics, a smallcap company in the telecom equipment industry, has seen a decline in its stock price by -7.53% on March 12, 2024. This has led to a 'Hold' call by MarketsMOJO, indicating a neutral stance on the stock.

The stock has underperformed the sector by -6.87% today, with a consecutive fall for the last 2 days and a total decline of -7.95% during this period. It also touched an intraday low of Rs 1000 (-12.1%), showing high volatility with an intraday volatility of 5.66%.

Despite the recent decline, Suyog Telematics' stock is still higher than its 100-day and 200-day moving averages. However, it is lower than its 5-day, 20-day, and 50-day moving averages, indicating a mixed trend.

In comparison to the overall market performance, Suyog Telematics' stock has seen a -6.83% decline in the last 1 day, while the Sensex has shown a positive growth of 0.56%. Similarly, in the last 1 month, the stock has seen a decline of -14.07%, while the Sensex has grown by 4.00%.

Overall, Suyog Telematics' stock has shown a decline in its performance, but it is still performing better than the market in the long term. Investors are advised to hold their positions and monitor the stock's performance closely.