Vindhya Telelinks' Stock Price Drops by -7.48% on August 13, MarketsMOJO Gives 'Hold' Call.

Aug 13 2024 09:35 AM IST
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Vindhya Telelinks, a smallcap cable company, experienced a -7.48% decline in stock price on August 13, 2024. Despite consecutive falls in the last 2 days, the stock's moving averages are still higher than its 100 and 200 day averages. In comparison to the Sensex, its performance in the last 1 day and 1 month has been -6.91% and -0.38% respectively. Investors are advised to hold their positions and monitor the company's performance.

Vindhya Telelinks, a smallcap company in the cable industry, saw a decline of -7.48% in its stock price on August 13, 2024. This underperformance was noted by MarketsMOJO, who have given a 'Hold' call for the stock.

The stock opened with a loss of -2.2% today and touched an intraday low of Rs 2502.65 (-7.19%). It has been on a consecutive fall for the last 2 days and has seen a decline of -7.86% in 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, Vindhya Telelinks' performance in the last 1 day and 1 month has been -6.91% and -0.38% respectively, while the Sensex has seen a decline of -0.10% and -1.18% in the same periods.

Despite the recent decline in stock price, Vindhya Telelinks remains a strong player in the cable industry. Investors are advised to hold their positions and keep an eye on the company's performance in the coming days.
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