BASF India's Stock Sees Temporary Dip, But Strong Fundamentals Make it a Promising Investment
BASF India's stock saw a decline of -3.21% on August 14, 2024, but remains a 'Strong Buy' according to MarketsMojo. The company has consistently outperformed the sector and its stock is still trading higher than its moving averages. Despite underperforming the Sensex in the last 1 day, BASF India has shown strong growth in the last 1 month.
BASF India, a leading player in the pesticides and agrochemical industry, has been making headlines with its recent stock performance. On August 14, 2024, the company's stock saw a decline of -3.21%, closing at Rs 6780.75. However, this dip in stock price should not be a cause for concern for investors, as the overall outlook for BASF India remains positive.
According to MarketsMOJO, a leading stock analysis platform, BASF India's stock is currently rated as a 'Strong Buy'. The company's stock has been a part of MOJO Stocks on MarketsMOJO since June 11, 2024, indicating its strong performance in the market.
Despite the recent dip in stock price, BASF India's performance has been consistently strong. The stock has been outperforming the sector by -1.88% and has been on a consecutive fall for the last 4 days, with a decline of -10.5% in returns during this period. However, it is important to note that the stock is still trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.
In comparison to the Sensex, BASF India's stock has underperformed in the last 1 day, with a decline of -3.23% compared to the Sensex's performance of 0.09%. However, over the last 1 month, the stock has outperformed the Sensex with a growth of 20.25% compared to the Sensex's decline of -1.85%.
Overall, BASF India's stock may have seen a dip in its performance on August 14, but the company's strong fundamentals and consistent growth make it a promising investment for the long term. Investors can take advantage of the current dip in stock price to add BASF India to their portfolio.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
