Waaree Renewables Technologies Stock Declines -5.0% on November 11, 2024, Underperforms Market.

Waaree Renewables Technologies, a midcap company in the electric equipment industry, saw a decline of -5.0% in its stock on November 11, 2024. This underperformance was noted by MarketsMOJO, who have given a 'Hold' call for the stock.

The stock opened with a loss of -3.54% today and touched an intraday low of Rs 1536.5, a decrease of -5%. This is the third consecutive day of losses for Waaree Renewables Technologies, with a total decline of -10.72% in this period.

In terms of moving averages, the stock is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This indicates a downward trend in the stock's performance.

Comparing the performance of Waaree Renewables Technologies with the overall market, the stock has underperformed the Sensex by -5.25% today and -12.49% in the last month. This shows a weaker performance compared to the market.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of the company. Investors and experts are advised to conduct their own research and analysis before making any investment decisions.