Godfrey Phillips India Ltd. Sees Decline in Stock Price, Given ‘Hold’ Call by MarketsMOJO
Godfrey Phillips India Ltd., a leading player in the cigarettes and tobacco industry, saw a -3.51% decline in its stock price on November 29, 2024. This comes after four consecutive days of gains, indicating a possible trend reversal. The stock is currently above its 200-day moving average, but below its shorter-term moving averages, showing a mixed trend. It has also underperformed compared to the Sensex in the past month. Investors should monitor the company’s performance in the coming days.