Galaxy Surfactants' Stock Sees 5.36% Decline, MarketsMOJO Gives 'Hold' Call.
Galaxy Surfactants, a midcap chemical company, saw a 5.36% decline in its stock price on November 13, 2024. This underperformance was noted by MarketsMojo, who have given a 'Hold' call for the stock. The stock has been on a downward trend for the past four days, with a total fall of 11.13% during this period. Investors should monitor the stock's performance closely.
Galaxy Surfactants, a midcap chemical company, saw a decline of 5.36% in its stock price on November 13, 2024. This underperformance was noted by MarketsMOJO, who have given a 'Hold' call for the stock. The stock has been on a downward trend for the past four days, with a total fall of 11.13% during this period.
On the day of the decline, Galaxy Surfactants' stock touched an intraday low of Rs 2754.9, which is a decrease of 4.95%. The stock's moving averages show that it is currently higher than the 200-day moving average, but lower than the 5-day, 20-day, 50-day, and 100-day moving averages.
In comparison to the overall market performance, Galaxy Surfactants' stock has underperformed, with a 1-day return of -5.36% compared to the Sensex's -0.84%. Similarly, in the past month, the stock has seen a decline of 6.51%, while the Sensex has only fallen by 4.14%.
While the reasons for this decline are not mentioned, investors should take note of the current performance of Galaxy Surfactants and make informed decisions about their holdings. With a 'Hold' call from MarketsMOJO, it is important to keep an eye on the stock's performance in the coming days.
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