Akzo Nobel India Shows Strong Rebound Amid Broader Market Decline
Akzo Nobel India experienced a notable rebound on June 23, 2025, reversing two days of decline and outperforming its sector. The stock reached an intraday high and is currently above its 5-day moving average. Despite a broader market downturn, it has delivered a strong annual return compared to the Sensex.
Akzo Nobel India has shown significant activity today, gaining 5.17% on June 23, 2025. This performance marks a notable trend reversal after two consecutive days of decline. The stock outperformed its sector by 4.78%, indicating a strong rebound in a challenging market environment.During the trading session, Akzo Nobel India reached an intraday high of Rs 3,240, reflecting a 4.82% increase. In terms of moving averages, the stock is currently above its 5-day moving average but remains below the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock boasts a high dividend yield of 3.15% at its current price.
In the broader market context, the Sensex opened lower at 81,704.07, experiencing a loss of 704.10 points (-0.85%) and is currently trading at 82,089.17 (-0.39%). Despite the overall market decline, Akzo Nobel India's performance stands out, especially when compared to the Sensex's performance over various time frames. Over the past year, Akzo Nobel India has delivered a return of 10.83%, surpassing the Sensex's 6.32% gain.
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