Technocraft Industries (India) Ltd sees -5.16% decline in stock, MarketsMOJO advises 'Hold' position

Oct 03 2024 03:30 PM IST
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On October 3rd, 2024, Technocraft Industries (India) Ltd, a midcap company in the steel/sponge iron/pig iron industry, saw a decline of -5.16% in its stock. MarketsMojo has given a 'Hold' call for the stock, which opened with a loss of -4.19% and is currently lower than its moving averages. Its 1 day performance was -5.16% compared to Sensex's -2.04%.


Technocraft Industries (India) Ltd, a midcap company in the steel/sponge iron/pig iron industry, saw a decline of -5.16% in its stock on October 3rd, 2024. This underperformance was noted by MarketsMOJO, who have given a 'Hold' call for the stock.

The stock opened with a loss of -4.19% today and touched an intraday low of Rs 3172.35, a decrease of -5.18%. While the stock's performance today was lower than the sector by -4.9%, it is still higher than its 100 day and 200 day moving averages. However, it is currently lower than its 5 day, 20 day, and 50 day moving averages.

In comparison to the Sensex, Technocraft Industries (India) Ltd's 1 day performance was -5.16%, while the Sensex's performance was -2.04%. Over the past month, the company's stock has seen a decline of -7.63%, while the Sensex's performance was relatively stable at -0.01%.

Investors and experts are advised to hold their positions on Technocraft Industries (India) Ltd, as per MarketsMOJO's recommendation. The company's stock performance will continue to be closely monitored in the coming days.
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