Thangamayil Jewellery Stock Declines by -5.48% on November 7th, Rated as 'Hold' by MarketsMOJO

Thangamayil Jewellery, a leading player in the diamond and gold jewellery industry, has seen a decline in its stock price by -5.48% on November 7th, 2024. This has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Hold'.

The stock has underperformed the sector by -4.81% and has been on a consecutive fall for the last two days, with a decline of -13.03% in this period. It opened with a gap down of -2.15% today and touched an intraday low of Rs 1940.2 (-5.86%).

While the stock's performance today may not be encouraging, it is worth noting that its moving averages are higher than the 200 day moving average. However, it is lower than the 5 day, 20 day, 50 day, and 100 day moving averages.

In comparison to the Sensex, Thangamayil Jewellery's 1 day performance is -4.85% while the Sensex's performance is -1.01%. Similarly, in the last 1 month, the stock has seen a decline of -13.13% while the Sensex has only declined by -1.83%.

Investors should keep an eye on Thangamayil Jewellery's stock performance in the coming days to make informed decisions. However, it is important to note that this article is based on facts and does not include any external data or sources. It is recommended to do thorough research and consult with a financial advisor before making any investment decisions.