Garware Hi Tech Films Opens Strong with 4.72% Gain Amid Market Activity

May 12 2025 09:45 AM IST
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Garware Hi Tech Films has shown strong performance in the packaging sector, with a notable upward trend over the past four days. The stock has outperformed the Sensex and is currently above its short-term moving averages, indicating mixed technical signals amid a dynamic market environment.
Garware Hi Tech Films, a midcap player in the packaging industry, has shown significant activity today, opening with a gain of 4.72%. The stock has outperformed its sector by 0.56%, reflecting a strong performance amid a broader market context. Over the past four days, Garware Hi Tech Films has demonstrated a notable upward trend, accumulating a total return of 12.29%.

Today, the stock reached an intraday high of Rs 3355, marking a 4.88% increase. In terms of moving averages, the stock is currently above its 5-day and 20-day averages but remains below the 50-day, 100-day, and 200-day averages, indicating mixed technical signals.

In comparison to the Sensex, Garware Hi Tech Films has performed well, with a 1-day return of 3.41% against the Sensex's 2.42%, and a remarkable 24.63% increase over the past month compared to the Sensex's 8.28%. The stock's beta of 1.18 suggests it is more volatile than the market, typically experiencing larger price swings. Overall, Garware Hi Tech Films continues to navigate a dynamic market landscape with notable performance metrics.
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