Vodafone Idea's Stock Hits 52-Week Low, Labeled as 'Strong Sell' by MarketsMOJO.

Vodafone Idea ., one of the largest telecommunication service providers in India, has been facing a downward trend in its stock price. On October 21, 2024, the company's stock lost -3.22%, closing at a new 52-week low of Rs.8.72. This decline has been reflected in the stock call given by MarketsMOJO, which has labeled it as a 'Strong Sell'.

The stock has been underperforming the sector by -1.62% and has been on a consecutive fall for the last 3 days, with a total loss of -5.92% during this period. Vodafone Idea's current stock price is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

In comparison to the overall market performance, Vodafone Idea's stock has been performing poorly. On the same day, the Sensex, India's benchmark index, had a decline of only -0.28%, while Vodafone Idea's stock saw a decline of -3.22%. In the past month, the stock has seen a decline of -16.70%, while the Sensex has only seen a decline of -4.20%.

These numbers suggest that Vodafone Idea's stock is not performing well and may continue to see a downward trend in the near future. Investors should keep a close eye on the company's financial performance and market trends before making any investment decisions.