Finolex Industries Stock Sees -6.13% Decline, Outperforms Sensex in Last 1 Day

Finolex Industries, a leading player in the plastic products industry, has seen a decline in its stock price by -6.13% on October 25th, 2024. This has been reflected in the stock call given by MarketsMOJO, which has rated it as 'Hold'.

The stock has underperformed the sector by -2.78% today and has been on a consecutive fall for the last two days, with a -3.47% decrease in returns during this period. It opened with a gap down of -3.08% and touched an intraday low of Rs 290.85.

Interestingly, the stock has been trading at a constant price of Rs 290.85 since its opening, indicating a lack of range in its movement. However, it is currently trading higher than its 200-day moving average, but lower than its 5-day, 20-day, 50-day, and 100-day moving averages.

In comparison to the Sensex, Finolex Industries has shown a -6.03% performance in the last 1 day, while the Sensex has shown a positive performance of 0.21%. Similarly, in the last 1 month, Finolex Industries has shown a -2.20% performance, while the Sensex has shown a -5.80% performance.

Overall, Finolex Industries has seen a decline in its stock price, but it is still performing better than the Sensex. Investors should keep a close eye on its performance in the coming days.