Vodafone Idea's Stock Price Drops by -4.27% on June 28, 2024

Vodafone Idea ., one of the largest telecom providers in India, has seen a decline in its stock price by -4.27% on June 28, 2024. This drop in stock value has been reflected in the recent stock call by MarketsMOJO, which has given a 'Sell' recommendation for Vodafone Idea.

The stock price of Vodafone Idea has been volatile in the past few days, with a new 52-week high of Rs.19.15 being hit today. However, the stock has underperformed the sector by -1.68% and has also seen a trend reversal after two consecutive days of gains.

Despite this recent decline, Vodafone Idea is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates that the stock has been performing well in the long term.

In comparison to the overall market performance, Vodafone Idea has seen a -4.59% decline in its 1-day performance, while the Sensex has only seen a 0.11% increase. However, in the past month, Vodafone Idea has outperformed the Sensex with a 21.53% increase compared to the Sensex's 5.54% increase.

It is important to note that this news article is based on factual information and does not include any external data or sources. As a largecap company in the telecom industry, Vodafone Idea's stock performance is closely watched by investors and analysts.