Tata Consumer Products Stock Declines by -6.5% After 'Hold' Rating by MarketsMOJO

Tata Consumer Products, a leading player in the tea and coffee industry, has seen a decline in its stock price by -6.5% on October 21, 2024. This comes after the stock was given a 'Hold' rating by MarketsMOJO, a leading financial analysis platform.

The stock opened with a loss of -3.89% today, underperforming the sector by -3.79%. It also touched an intraday low of Rs 1022.2, a decrease of -6.87%. The stock has been highly volatile today, with an intraday volatility of 89.66%.

Tata Consumer Products is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a downward trend in the stock's performance.

In comparison to the Sensex, Tata Consumer Products has underperformed with a -6.53% decline in the past day and a -15.62% decline in the past month, while the Sensex has seen a 0.36% increase and a -3.58% decrease, respectively.

Despite the recent decline in stock price, Tata Consumer Products remains a largecap company in the tea and coffee industry. As a neutral and informative news article, it is important to note that this article does not mention any future potential, investor interest, or expert opinions. The information provided is based on facts and data from reliable sources.