Suzlon Energy's Stock Sees -3.2% Decline, MarketsMOJO Issues 'Sell' Call

Suzlon Energy, a leading player in the renewable energy industry, has seen a decline in its stock price by -3.2% on 11th November 2024. This has led to a 'Sell' call by MarketsMOJO for the company's stock.

The stock has underperformed the sector by -0.87% today and has been on a downward trend for the past 3 days, with a fall of -11.72% in this period. The stock also touched an intraday low of Rs 58.54 (-6.34%). However, it is worth noting that the stock is still performing better than the 200-day moving average, but lower than the 5-day, 20-day, 50-day, and 100-day moving averages.

In the renewable energy sector, Suzlon Energy's stock has fallen by -2.15%. This decline in the sector can be attributed to the overall market conditions and not specific to the company's performance.

Comparing the performance of Suzlon Energy with the Sensex, the stock has seen a decline of -2.02% in the past day, while the Sensex has only seen a -0.03% decline. In the past month, Suzlon Energy's stock has seen a decline of -17.70%, while the Sensex has seen a decline of -2.36%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative tone for readers interested in the performance of Suzlon Energy in the renewable energy industry.