Garware Hi Tech Films Ltd's Stock Performance Soars, Outperforms Sector and Market

Oct 08 2024 10:15 AM IST
share
Share Via
Garware Hi Tech Films Ltd, a midcap company in the packaging industry, saw a 5.42% increase in its stock on October 8th, 2024, outperforming the sector by 3.43%. This led to a 'Buy' call by MarketsMojo. The stock's price summary shows a strong performance, with potential for further upward movement.

Garware Hi Tech Films Ltd, a midcap company in the packaging industry, has seen a positive trend in its stock performance on October 8th, 2024. The stock gained 5.42%, outperforming the sector by 3.43%. This has led to a 'Buy' call by MarketsMOJO, a leading stock market analysis platform.

The stock's price summary for the day shows a strong performance, with an intraday high of Rs 3690.95, a 5.57% increase. It is also worth noting that the stock has reversed its trend after three consecutive days of falling, indicating a potential upward movement.

In terms of moving averages, Garware Hi Tech Films Ltd is currently higher than its 20-day, 50-day, 100-day, and 200-day moving averages. However, it is lower than its 5-day moving average, which could suggest a short-term correction.

Compared to the overall market performance, Garware Hi Tech Films Ltd has outperformed the Sensex by a significant margin. Its 1-day performance was 5.29% compared to the Sensex's 0.15%, and its 1-month performance was 8.39% while the Sensex showed a slight decline of -0.02%.

Overall, Garware Hi Tech Films Ltd has shown a strong and positive performance in the stock market, making it a promising investment option for investors. With its consistent growth and outperformance of the sector and market, it is definitely a stock to watch out for.
{{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
Kamdhenu Ventures Ltd is Rated Sell
22 minutes ago
share
Share Via
Ircon International Ltd is Rated Strong Sell
22 minutes ago
share
Share Via
BMW Industries Ltd is Rated Sell
22 minutes ago
share
Share Via
Veritas (India) Ltd is Rated Strong Sell
22 minutes ago
share
Share Via
Last Mile Enterprises Ltd is Rated Sell
22 minutes ago
share
Share Via
Aveer Foods Ltd is Rated Sell
22 minutes ago
share
Share Via