Garware Hi Tech Films Shows Reversal Amid Recent Volatility in Packaging Sector

Feb 04 2025 11:00 AM IST
share
Share Via
Garware Hi Tech Films experienced a notable uptick on February 4, 2025, reversing a two-day decline. The stock outperformed its sector and the Sensex, reaching an intraday high of Rs 3,480. Despite recent volatility, it remains above the 200-day moving average, indicating mixed short-term momentum.
Garware Hi Tech Films, a midcap player in the packaging industry, has shown notable activity today, gaining 5.0% on February 4, 2025. This performance marks a trend reversal for the stock, which had experienced two consecutive days of decline prior to today’s uptick. The stock outperformed its sector, which saw an overall gain of 2.21%, and surpassed the Sensex's modest increase of 0.46%.

During the trading session, Garware Hi Tech Films reached an intraday high of Rs 3,480, reflecting a 4.76% increase at its peak. Analyzing the stock's moving averages reveals that it is currently above the 200-day moving average but below the 5-day, 20-day, 50-day, and 100-day moving averages, indicating mixed short-term momentum.

Over the past month, Garware Hi Tech Films has faced challenges, with a decline of 31.47%, contrasting with the Sensex's decrease of 2.12%. This performance highlights the stock's recent volatility within the broader market context.
{{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
Most Read