Federal-Mogul Goetze Faces Notable Decline Amid Broader Market Volatility in Auto Sector

Federal-Mogul Goetze (India) has experienced a significant decline of 7.02% today, underperforming the broader market. The stock opened lower, with a gap down of 2.31%, and reached an intraday low of Rs 498.05, marking a decrease of 7.37%. In comparison to the Sensex, which has fallen by 0.46% today, Federal-Mogul Goetze's performance stands out, with a one-day decline of 6.66%. Over the past week, the stock has seen a decrease of 8.60%, while its performance over the past month shows a decline of 8.74%. However, the company has demonstrated resilience over longer periods, with a notable 44.40% increase over the last three months and a year-to-date performance of 32.91%. In terms of moving averages, the stock is currently above its 100-day and 200-day averages but below its 5-day, 20-day, and 50-day averages. This mixed performance reflects the volatility in the auto components and equipment sector, where Federal-Mogul Goetze operates as a small-cap player.