Garware Hi Tech Films Shows Volatility Amidst Recent Gains and Sector Outperformance
Garware Hi Tech Films has experienced significant activity, gaining 5.2% on February 5, 2025, and outperforming its sector. Over two days, it accumulated a total return of 10.18%. However, the stock has faced challenges recently, with a notable decline of 27.79% over the past month.
Garware Hi Tech Films, a midcap player in the packaging industry, has shown notable activity today, gaining 5.2% on February 5, 2025. This performance has allowed the stock to outperform its sector by 2.89%. Over the past two days, Garware Hi Tech Films has demonstrated a positive trend, accumulating a total return of 10.18%.The stock opened with a gain of 2.76% and reached an intraday high of Rs 3668.15, reflecting a 5% increase. In terms of moving averages, the stock is currently positioned higher than its 5-day and 200-day moving averages, while it remains below the 20-day, 50-day, and 100-day moving averages.
Despite today's gains, the stock has faced challenges over the past month, with a decline of 27.79%, contrasting with a modest 1.02% drop in the Sensex during the same period. This performance highlights the stock's volatility and the broader market dynamics affecting its valuation.
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