Websol Energy System Stock Sees -5% Decline, Outperforms Sector Average

Websol Energy System, a midcap company in the renewable energy industry, saw a decline of -5.0% in its stock on November 13, 2024. According to MarketsMOJO, the stock has been given a 'Hold' call. The stock opened with a loss of -5% and touched an intraday low of Rs 1288.8. It has been on a consecutive fall for the last 4 days and has seen a decline of -18.55% in this period.

Despite the recent decline, Websol Energy System's stock is still performing better than the sector average. It has outperformed the renewable energy sector by -4.1% today and is currently trading higher than the 50 day, 100 day, and 200 day moving averages. However, it is lower than the 5 day and 20 day moving averages.

In comparison to the overall market performance, Websol Energy System's stock has underperformed. Its 1 day performance is -5.00% while the Sensex has only seen a decline of -0.27%. However, over the past month, the stock has shown a positive growth of 19.33% while the Sensex has seen a decline of -3.59%.

Overall, Websol Energy System's stock has seen a recent decline but is still performing better than the sector average. Investors may want to keep an eye on the stock's performance in the coming days to make informed decisions.