Vishnu Chemicals' Stock Declines by -7.26% in Line with Sector Performance

Vishnu Chemicals, a smallcap company in the chemicals industry, saw a decline of -7.26% in its stock price on November 11, 2024. This was in line with the overall performance of the sector, as the company underperformed by -5.55%. The stock has been on a downward trend for the past three days, with a total loss of -11.05% during this period.

On the day of the decline, the stock reached an intraday low of Rs 488.6, representing a -7.69% decrease from its previous closing price. The stock also showed high volatility, with an intraday range of 6.54% based on the weighted average price.

Despite the recent decline, Vishnu Chemicals' stock is still performing well in the long term. It is currently trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, it is currently lower than its 5-day moving average.

In comparison to the overall market performance, Vishnu Chemicals' stock has underperformed. On the day of the decline, the company's stock performance was -7.30%, while the Sensex's performance was only -0.05%. In the past month, Vishnu Chemicals' stock has shown a positive return of 17.97%, while the Sensex has declined by -2.37%.

Overall, the stock call for Vishnu Chemicals by MarketsMOJO is 'Hold'. This information is based on the company's recent performance and does not take into account any future potential or expert opinions. Investors are advised to do their own research and make informed decisions.