GSFC Stock Gains 5.64% Today, Outperforms Sector and Offers High Dividend Yield

Gujarat State Fertilizers & Chemicals . (GSFC) has shown a positive trend in the stock market today, gaining 5.64% on 2024-06-06. This midcap company in the fertilizer industry has outperformed its sector by 3.46% and has shown a trend reversal after two consecutive days of falling. The stock opened with a gain of 2% and reached an intraday high of Rs 205.85, showing high volatility with an intraday range of 14.46%.

GSFC is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. However, the stock has a high dividend yield of 5.13% at the current price, making it an attractive option for investors looking for steady returns.

In comparison to the overall market performance, GSFC has shown a strong 1-day performance of 5.98% while the Sensex has only gained 0.37%. However, in the past month, the stock has underperformed the Sensex with a negative return of -13.38% compared to the Sensex's positive return of 1.04%.

Overall, Gujarat State Fertilizers & Chemicals . has shown a positive performance in the stock market today, but its long-term trend remains bearish. Investors should carefully consider their options before making any investment decisions.