Garware Hi Tech Films Achieves 5% Gain Amid Broader Market Decline

May 13 2025 01:05 PM IST
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Garware Hi Tech Films Ltd is experiencing notable buying activity, with a significant rise in its stock price today, contrasting with a decline in the Sensex. Over the past week and month, the stock has shown impressive gains, reflecting strong buyer sentiment and a robust market position within the packaging sector.
Garware Hi Tech Films Ltd is currently witnessing significant buying activity, with the stock rising by 5.00% today, in stark contrast to the Sensex, which has declined by 1.41%. Over the past week, Garware Hi Tech Films has shown a robust performance, gaining 19.17%, while the Sensex has only increased by 0.77%. This trend continues over the past month, where the stock has surged by 32.87% compared to the Sensex's 8.13% rise.

Notably, Garware Hi Tech Films has experienced consecutive gains for the last five days, accumulating a total return of 19.13% during this period. The stock reached an intraday high of Rs 3526.65 today, reflecting strong buyer sentiment.

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 moving averages. The packaging sector overall has also seen positive movement, gaining 2.16%. These factors may contribute to the heightened buying pressure observed in Garware Hi Tech Films, highlighting its strong market position within the industry.
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