Tata Teleservices (Maharashtra) Ltd sees -5.36% decline in stock price, MarketsMOJO gives 'Strong Sell' call
On October 22, 2024, Tata Teleservices (Maharashtra) Ltd, a midcap telecommunication service provider, saw a -5.36% decline in its stock price, reaching an intraday low of Rs 73.45. This underperformance was noted by MarketsMojo, who have given a 'Strong Sell' call for the stock. The stock has been on a downward trend for the past two days, trading below its moving averages and underperforming the overall market. Investors should carefully consider all factors before making any investment decisions.
Tata Teleservices (Maharashtra) Ltd, a midcap telecommunication service provider, saw a decline of -5.36% in its stock price on October 22, 2024. This underperformance was noted by MarketsMOJO, who have given a 'Strong Sell' call for the stock. The stock has been on a downward trend for the past two days, with a fall of -7.43% during this period.
On the day of October 22, Tata Teleservices (Maharashtra) Ltd reached an intraday low of Rs 73.45, which is a decrease of -5.36% from the previous day's closing price. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.
In comparison to the overall market performance, Tata Teleservices (Maharashtra) Ltd has underperformed the Sensex by -4.64% on the day of October 22. In the past month, the stock has seen a decline of -15.59%, while the Sensex has only fallen by -5.08%.
Investors should take note of the current downward trend of Tata Teleservices (Maharashtra) Ltd and the 'Strong Sell' call by MarketsMOJO. It is important to carefully consider all factors before making any investment decisions.
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