V I P Industries' Stock Performance Declines, Receives 'Strong Sell' Call from MarketsMOJO

V I P Industries, a midcap company in the consumer durables industry, has been facing a downward trend in its stock performance. On October 22, 2024, the company's stock lost -5.54%, underperforming the sector by -2.59%. This has led to a 'Strong Sell' call by MarketsMOJO.

The stock has been on a consecutive fall for the last 2 days, with a decline of -6.87% during this period. On the same day, the stock touched an intraday low of Rs 484.3, a decrease of -4.53%. V I P Industries is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

The consumer durables sector as a whole has also seen a decline of -2.15%. In comparison, V I P Industries' 1-day performance is -5.37% while the Sensex's performance is -1.21%. Similarly, the company's 1-month performance is -3.69% compared to the Sensex's -5.18%.

While the company's stock performance may be concerning, it is important to note that this article is based on factual information and does not include any external data or sources. It is always recommended to do your own research and consult with a financial advisor before making any investment decisions.