Butterfly Gandhimathi Appliances Stock Sees 7.03% Increase, Outperforms Sector

Butterfly Gandhimathi Appliances, a smallcap company in the domestic appliances industry, saw a 7.03% increase in its stock price on April 3, 2024. This rise was in line with the overall performance of the sector, as the company outperformed the sector by 6.35%.

The stock has been on a consecutive gain for the last three days, with a total increase of 11.24% during this period. On April 3, the stock reached an intraday high of Rs 866.15, showing a high level of volatility with an intraday volatility of 5.12%.

Despite the recent gains, the stock is still lower than its 50-day, 100-day, and 200-day moving averages, but higher than its 5-day and 20-day moving averages. This indicates a mixed trend for the stock in the short term.

In comparison to the overall market performance, Butterfly Gandhimathi Appliances has outperformed the Sensex by 7.94% in the last 1 day and underperformed by -5.31% in the last 1 month.

It is important to note that this information is based on factual data and does not include any external sources or expert opinions. Investors are advised to do their own research and analysis before making any investment decisions. MarketsMOJO has given a 'Strong Sell' call for the stock, but it is ultimately up to the individual investor to make their own decision.