Garware Technical Fibres' Stock Performance Surges, Outperforms Sector and Sensex

Aug 27 2024 01:35 PM IST
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Garware Technical Fibres, a midcap textile company, has shown a positive trend in its stock performance on August 27, 2024. The stock gained 5.56% and closed at Rs. 3893, outperforming the sector by 3.89%. It has also shown consecutive gains in the last two days and is currently trading higher than its moving averages. In comparison to the Sensex, it has outperformed with a 1-day performance of 4.59%.

Garware Technical Fibres, a midcap textile company, has seen a positive trend in its stock performance on August 27, 2024. The stock has gained 5.56% and closed at Rs. 3893, outperforming the sector by 3.89%. MarketsMOJO has given a 'Hold' call for the stock.

In the last two days, Garware Technical Fibres has shown consecutive gains and has risen by 6.03%. The stock also touched an intraday high of Rs. 3893, showing a 4.51% increase. It is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, Garware Technical Fibres has outperformed with a 1-day performance of 4.59% versus Sensex's 0.19%. In the last month, the stock has shown a 1.19% increase, while the Sensex has only seen a 0.64% increase.

Garware Technical Fibres is a midcap company in the textile industry. With its recent positive stock performance, it is showing potential for growth in the market. Investors may want to keep an eye on this stock as it continues to show promising results.
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