Varroc Engineering's Stock Sees Decline of -5.04% and Underperforms Sector

Varroc Engineering, a leading auto ancillary company, has seen a decline in its stock price by -5.04% on October 25th, 2024. This drop in stock value has been reflected in the stock call given by MarketsMOJO, which has advised investors to 'Sell' Varroc Engineering's stock.

The company's stock performance today has underperformed the sector by -3.98%, with the stock touching an intraday low of Rs 503.65 (-5.22%). Varroc Engineering is also trading lower than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a downward trend in its stock value.

In comparison to the overall market performance, Varroc Engineering's stock has seen a decline of -4.79% in just one day, while the Sensex has only seen a -0.48% decrease. Over the past month, Varroc Engineering's stock has also underperformed the Sensex, with a decline of -11.77% compared to the Sensex's -6.44% decrease.

While Varroc Engineering is a midcap company in the auto ancillary industry, its recent stock performance has not been favorable. Investors should carefully consider their options before making any decisions regarding Varroc Engineering's stock. This information is based on facts and should not be considered as a recommendation or prediction of future potential.