Alkyl Amines Chemicals Stock Declines -5.0% Amidst Overall Sector Downturn

Alkyl Amines Chemicals, a midcap company in the chemical industry, has seen a decline of -5.0% in its stock on October 22, 2024. According to MarketsMOJO, the stock's current call is 'Hold'. The stock has underperformed the sector by -1.63% and has been on a consecutive fall for the last 4 days, with a total decline of -10.6% during this period. On the same day, the stock touched an intraday low of Rs 2078.75 (-4.46%).

Alkyl Amines Chemicals is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a downward trend in its stock price. The chemical sector as a whole has also seen a decline of -3.16%.

In comparison to the overall market performance, Alkyl Amines Chemicals has underperformed with a -5.00% return, while the Sensex has seen a decline of -1.11%. Over the past month, the stock has seen a decline of -13.87%, while the Sensex has seen a decline of -5.07%.

Despite these recent declines, Alkyl Amines Chemicals remains a midcap company in the chemical industry with potential for growth. Investors should continue to monitor the stock's performance and make informed decisions based on their own research and risk tolerance.