Bikaji Foods Stock Declines Amid Broader FMCG Sector Weakness and Mixed Trends

Bikaji Foods International has experienced a notable decline today, with the stock down by 5.32% as of March 10, 2025. This performance marks a reversal after two consecutive days of gains, indicating a shift in market sentiment. The stock's intraday low reached Rs 643.8, reflecting a significant underperformance compared to the broader FMCG sector, where it lagged by 5.89%.
In terms of moving averages, Bikaji Foods is currently positioned higher than its 20-day moving average but falls below the 5-day, 50-day, 100-day, and 200-day moving averages, suggesting mixed short- to long-term trends. Over the past week, the stock has declined by 1.90%, contrasting with the Sensex, which has gained 1.41%.

Looking at longer-term performance, Bikaji Foods has seen a 25.01% drop over the last three months, while it has managed a 20.29% increase over the past year. However, year-to-date figures show a decline of 17.43%, compared to the Sensex's decrease of 5.15%. Overall, the stock's recent activity reflects broader market trends, with the Sensex also trading in the red after an initial positive opening.