Grauer & Weil (India) Ltd Stock Sees -7.26% Decline, Remains Strong in Chemicals Industry

Oct 07 2024 11:00 AM IST
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On October 7, 2024, Grauer & Weil (India) Ltd, a smallcap company in the chemicals industry, saw a -7.26% decline in its stock price. The stock has been on a downward trend for the past three days, with a total loss of -12.07%. Despite this, the stock's moving averages are higher than the 50-day, 100-day, and 200-day averages. Investors are advised to hold their positions and monitor the stock's performance in the coming days.

Grauer & Weil (India) Ltd, a smallcap company in the chemicals industry, saw a decline of -7.26% in its stock price on October 7, 2024. The stock has been on a downward trend for the past three days, with a total loss of -12.07% during this period.

According to MarketsMOJO, a leading stock analysis platform, the current stock call for Grauer & Weil (India) is 'Hold'. The stock has underperformed the sector by -3.73% and the overall chemicals industry has fallen by -2.82%.

On October 7, the stock reached an intraday high of Rs 111.9, showing a 2.85% increase, but also touched an intraday low of Rs 101.5, indicating a -6.71% decrease. The stock's moving averages are higher than the 50-day, 100-day, and 200-day averages, but lower than the 5-day and 20-day averages.

In comparison to the Sensex, Grauer & Weil (India) Ltd's performance in the past day and month has been -7.22% and -2.18%, respectively, while the Sensex has shown a -0.25% and 0.37% change.

Despite the recent decline in stock price, Grauer & Weil (India) Ltd remains a strong player in the chemicals industry. Investors are advised to hold their positions and monitor the stock's performance in the coming days.
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