Diamines & Chemicals Faces Market Challenges Amid Broader Sector Downturn in October 2023

Feb 14 2025 11:05 AM IST
share
Share Via
Diamines & Chemicals is facing notable market activity, with its stock price close to a 52-week low and a year-to-date decline of 19.52%. Despite a broader sector downturn, the company has shown slight gains recently, although it remains below key moving averages, highlighting ongoing challenges.
Diamines & Chemicals has experienced significant activity today, with its stock price nearing a 52-week low, currently just 1.92% above Rs 379. The company, classified as a microcap in the chemicals industry, has shown a year-to-date performance decline of 19.52%, contrasting sharply with the Sensex, which has gained 5.56% over the same period.

Despite the broader chemicals sector experiencing a downturn of 2.28%, Diamines & Chemicals has managed to outperform its sector by 2.5% today. The stock has also recorded consecutive gains over the last two days, yielding a modest return of 0.35%. However, it is important to note that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position.

As the company navigates these trends, investors and market observers will be keen to monitor any developments that may impact its performance in the competitive chemicals landscape.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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