Vishnu Chemicals' Stock Declines by -7.0% Amidst Sector Underperformance

Vishnu Chemicals, a smallcap company in the chemicals industry, has seen a decline in its stock price by -7.0% on November 12, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Hold'.

The stock has underperformed the sector by -8.98% today and has been on a consecutive fall for the last 4 days, with a total decline of -17.93% in this period. The stock opened with a gap down of -6.49% today and touched an intraday low of Rs 450.95 (-8.53%). It has also shown high volatility with an intraday volatility of 12.11% (calculated from weighted average price).

Despite the recent decline, Vishnu Chemicals' stock is still performing well in the long term, with its moving averages higher than the 50 day, 100 day, and 200 day moving averages. However, it is currently lower than the 5 day and 20 day moving averages.

In comparison to the Sensex, Vishnu Chemicals' stock has shown a decline of -6.88% in the last 1 day, while the Sensex has shown a slight increase of 0.12%. In the last 1 month, Vishnu Chemicals' stock has performed better with a growth of 10.39%, while the Sensex has shown a decline of -2.20%.

Overall, Vishnu Chemicals' stock has shown a decline in the short term, but is still performing well in the long term. Investors are advised to hold their positions and monitor the stock's performance in the coming days.