Garware Technical Fibres Experiences Notable Adjustment in Stock Evaluation Amid Market Challenges
Garware Technical Fibres has recently undergone a revision in its score, reflecting ongoing challenges in the market. The stock has been added to MarketsMojo's list, indicating a cautious outlook as it continues to trade below key moving averages and underperform relative to its sector.
Garware Technical Fibres, a midcap player in the textile industry, has recently experienced a notable adjustment in its evaluation. The stock has faced challenges, with a decline of 5.49% recorded on January 6, 2025. This downturn has placed the stock under pressure, as it underperformed its sector by 4.06% on the same day.The company has been on a consecutive downward trend, losing value for two consecutive days and accumulating a total decline of 7.2% during this period. On January 6, Garware Technical Fibres opened with a gap down, reflecting a loss of 2.91%, and reached an intraday low of Rs 862.3, marking a decrease of 5.52%.
In terms of moving averages, Garware Technical Fibres is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position. Additionally, the stock's performance over the past month shows a decline of 10.51%, contrasting with the Sensex's decrease of 3.74%. Amid these developments, Garware Technical Fibres has been added to MarketsMOJO's list, highlighting its evolving market dynamics.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
