TechNVision Ventures' Stock Sees Decline Amidst Competitive Industry

TechNVision Ventures, a smallcap company in the BPO/ITeS industry, saw a decline in its stock price today. According to MarketsMOJO, the stock opened with a loss of -5.0% and underperformed the sector by -1.6%. This marks the third consecutive day of losses for the company, with a total decline of -7.77% in this period.

The stock also opened with a gap down of -5%, reaching an intraday low of Rs 3420. Despite this, the stock's moving averages are still higher than its 100 day and 200 day averages, but lower than its 5 day, 20 day, and 50 day averages.

In comparison to the Sensex, TechNVision Ventures' 1 day performance was -2.78%, while the Sensex only saw a slight increase of 0.03%. Similarly, the company's 1 month performance was -13.58%, while the Sensex saw a decline of -5.97%.

Based on these numbers, MarketsMOJO has given a 'Hold' call for TechNVision Ventures' stock. While the company has seen a decline in its stock price, it is important to note that this is a smallcap company in a competitive industry. Investors should carefully consider their options before making any decisions.