Garware Hi Tech Films Shows Strong Recovery Amid Broader Market Gains

Garware Hi Tech Films, a midcap player in the packaging industry, has shown notable activity today, gaining 5.72% on March 21, 2025. This performance outpaced the sector by 2.19%, marking a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 4228.85, reflecting a 5.06% increase during the trading session. In terms of moving averages, Garware Hi Tech Films is currently positioned above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average. The packaging sector overall has also seen gains, rising by 2.24%. In the broader market context, the Sensex experienced a significant recovery after a negative opening, rising by 489.93 points to trade at 76,644.93, a 0.39% increase. The small-cap segment is leading the market, with the BSE Small Cap index gaining 1.76%. Over the past year, Garware Hi Tech Films has delivered an impressive 155.20% return, significantly outperforming the Sensex, which has risen by 5.51% during the same period.