Vardhman Textiles' Stock Sees -5.32% Decline, MarketsMOJO Issues 'Hold' Call

Vardhman Textiles, a midcap company in the textile industry, has seen a decline of -5.32% in its stock price on November 13, 2024. This has led to a 'Hold' call by MarketsMOJO, a leading stock market analysis platform.

The stock has underperformed the sector by -1.73% on the same day. It has also been on a consecutive fall for the last two days, with a -4.6% decrease in returns during this period. The stock touched an intraday low of Rs 461, a decline of -4.72%.

While the stock's performance is higher than the 20-day moving average, it is lower than the 5-day, 50-day, 100-day, and 200-day moving averages. This indicates a mixed trend in the stock's performance.

In the textile sector, Vardhman Textiles has fallen by -2.78%, reflecting the overall trend in the industry.

Comparing the stock's performance with the Sensex, Vardhman Textiles has seen a -5.74% decrease in the last 1 day, while the Sensex has only seen a -0.86% decrease. In the last 1 month, the stock has seen a -2.94% decline, while the Sensex has seen a -4.16% decline.

Overall, Vardhman Textiles' stock has seen a decline in its performance, with a 'Hold' call by MarketsMOJO. Investors should keep an eye on the stock's performance and the overall trend in the textile industry before making any investment decisions.