Tilaknagar Industries' Stock Sees -5.24% Decline, MarketsMOJO Gives 'Hold' Call

Tilaknagar Industries, a midcap company in the breweries and distilleries industry, saw a decline of -5.24% in its stock on October 22, 2024. This underperformance was noted by MarketsMOJO, who have given a 'Hold' call for the stock.

The stock opened with a loss of -2.71% and touched an intraday low of Rs 277 (-5.46%). It has been on a consecutive fall for the last 2 days, with a total decline of -8.03% during this period. However, the stock's moving averages are still higher than its 100 day and 200 day moving averages, but lower than its 5 day, 20 day, and 50 day moving averages.

In comparison to the Sensex, Tilaknagar Industries' performance for the day was -5.24%, while the Sensex's performance was -0.57%. Over the past month, the stock has seen a decline of -12.12%, while the Sensex has seen a decline of -4.56%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or discuss potential future performance. As a midcap company in the breweries and distilleries industry, Tilaknagar Industries' stock performance is closely monitored by investors and analysts.