Galaxy Surfactants Stock Sees Positive Trend, Outperforms Sector and Sensex

Galaxy Surfactants, a midcap company in the chemicals industry, has seen a positive trend in its stock performance on September 6th, 2024. The stock gained 5.03%, closing at Rs 3068.75. MarketsMOJO has given a 'Hold' call for the stock.

In terms of price, Galaxy Surfactants is currently 4.58% away from its 52-week high of Rs 3200. The stock has also outperformed the sector by 4.54% on the day. It has been on a consecutive gain for the last 2 days, with a 6.29% increase in returns during this period. The stock also touched an intraday high of Rs 3068.75, a 5.31% increase from its previous close.

Galaxy Surfactants is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock performance.

In comparison to the Sensex, Galaxy Surfactants has outperformed with a 1-day performance of 5.03% while the Sensex has seen a -0.95% performance. In the last month, Galaxy Surfactants has also outperformed the Sensex with a 9.41% increase compared to the Sensex's 3.59% increase.

Overall, Galaxy Surfactants has shown a strong performance in the stock market, with positive trends and outperforming the sector and Sensex. Investors may want to consider a 'Hold' position for this midcap company in the chemicals industry.