Garware Technical Fibres Shows Resilience Amidst Broader Market Challenges

Jan 29 2025 10:35 AM IST
share
Share Via
Garware Technical Fibres saw a significant rebound on January 29, 2025, after three days of decline, with an intraday high of Rs 805.2. Despite this recovery, the stock has faced a 14.42% decline over the past month, contrasting with a smaller drop in the broader Sensex index.
Garware Technical Fibres has experienced a notable uptick of 5.84% on January 29, 2025, marking a significant turnaround after three consecutive days of decline. The stock opened the day down by 2.54% but quickly rebounded, reaching an intraday high of Rs 805.2, reflecting a gain of 6.28%. In contrast, the stock's intraday low was recorded at Rs 738.4.

In terms of performance metrics, Garware Technical Fibres outperformed its sector by 4.44% today, showcasing its resilience in a challenging market environment. Over the past month, however, the stock has faced a decline of 14.42%, while the broader Sensex index has decreased by 3.04%.

When examining moving averages, the stock is currently positioned higher than its 5-day and 200-day moving averages, yet remains below the 20-day, 50-day, and 100-day moving averages. This mixed performance indicates a complex market position for Garware Technical Fibres within the textile industry, a midcap segment that continues to navigate various economic factors.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News