GSFC Stock Sees -5.01% Decline, Underperforms Sector Average on February 12, 2024

Gujarat State Fertilizers & Chemicals . (GSFC) is a midcap company in the fertilizer industry. On February 12, 2024, the company's stock saw a decline of -5.01%, closing at Rs 242.95. This underperformance was -3.24% lower than the sector average for the day.

GSFC has been on a downward trend for the past four days, with a total loss of -15.26% during this period. The stock touched an intraday low of Rs 240.4, a decrease of -5.6% from the previous day's close. However, the stock's performance over the past year has been positive, with its current price being higher than the 100-day and 200-day moving averages.

At the current price, GSFC offers a high dividend yield of 3.93%. This may be attractive to investors looking for stable returns. However, it is important to note that the stock's performance has been lower than the Sensex, with a -4.71% decline in the past day and a -15.73% decline in the past month, compared to the Sensex's -0.38% and -1.71% performance, respectively.

Based on these factors, MarketsMOJO has given a 'Hold' call for GSFC's stock. It is recommended that investors do their own research and consult with a financial advisor before making any investment decisions.