Whirlpool of India's Stock Sees Decline, MarketsMOJO Recommends 'Hold' Position.

Nov 11 2024 09:50 AM IST
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Whirlpool of India's stock saw a -3.35% decline on November 11, 2024, according to MarketsMojo. The stock opened with a gain of 2.82% but eventually fell to an intraday low of Rs 1970.15. It has underperformed in the past two days and is currently trading higher than its 200 day moving average but lower than its shorter term averages. The domestic appliances sector has also seen a decline of -2.21%. Compared to the Sensex, Whirlpool of India's stock has underperformed in the past day and month. Investors are advised to hold their positions in the stock.

Whirlpool of India, a leading domestic appliances company, saw a decline of -3.35% 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 gain of 2.82% today, but eventually fell to an intraday low of Rs 1970.15, a decrease of -3.5%. This marks the second consecutive day of losses for the company, with a total decline of -4.93% in the past two days.

Whirlpool of India's stock is currently trading higher than its 200 day moving average, but lower than its 5 day, 20 day, 50 day, and 100 day moving averages. This indicates a mixed trend for the company's stock.

In the domestic appliances sector, Whirlpool of India's stock has fallen by -2.21%. This is in line with the overall trend in the sector, which has seen a decline of -2.21%.

Compared to the Sensex, Whirlpool of India's stock has underperformed with a -3.14% decrease in the past day and a -16.11% decrease in the past month. In comparison, the Sensex has seen a slight increase of 0.11% in the past day and a decrease of -2.22% in the past month.

Overall, Whirlpool of India's stock has seen a decline in the past day and month, with a mixed trend in its moving averages. Investors are advised to hold their positions in the stock, as suggested by MarketsMOJO.
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