Garware Hi Tech Films Outperforms Sector Amid Broader Market Decline

Garware Hi Tech Films has shown significant activity today, with the stock rising by 5.0% as of May 8, 2025. This performance has allowed it to outperform the sector by 3.65%. Over the past two days, the stock has gained a total of 8.13%, indicating a positive trend in its short-term performance. The stock reached an intraday high of Rs 3,215.9. In terms of moving averages, Garware Hi Tech Films is currently above its 5-day and 20-day moving averages, but below the 50-day, 100-day, and 200-day moving averages, suggesting mixed signals in its longer-term performance metrics. While the broader market, represented by the Sensex, is experiencing a slight decline of 0.07% after a positive opening, Garware Hi Tech Films has managed to maintain its upward trajectory. The stock's performance over the past month shows a remarkable increase of 26.93%, significantly outpacing the Sensex's 8.71% gain. Over the past year, Garware Hi Tech Films has delivered an impressive return of 103.17%, further solidifying its position in the packaging industry.