Gujarat Alkalies & Chemicals Experiences Notable Stock Surge Amid Market Uptrend

Mar 24 2025 11:35 AM IST
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Gujarat Alkalies & Chemicals experienced notable activity on March 24, 2025, with a significant intraday high and strong five-day returns. While the stock outperformed its sector recently, it has struggled year-to-date compared to broader market indices, which have shown positive trends.
Gujarat Alkalies & Chemicals has shown significant activity today, gaining 7.99% as of March 24, 2025. This performance has allowed the stock to outperform its sector by 6.46%. Over the past five days, the stock has demonstrated a strong upward trend, accumulating a total return of 19.98%.

Today, Gujarat Alkalies & Chemicals reached an intraday high of Rs 595, reflecting high volatility with an intraday fluctuation of 5.66%. In terms of moving averages, the stock is currently above its 5-day and 20-day averages but remains below the 50-day, 100-day, and 200-day averages, indicating mixed momentum in the short to medium term.

In the broader market context, the Sensex has continued its upward trajectory, rising by 1.25% today, supported by a positive opening. The BSE Small Cap index is also leading the market, gaining 1.36%. Despite recent gains, Gujarat Alkalies & Chemicals has faced challenges over longer periods, with a year-to-date performance of -20.91% compared to the Sensex's slight decline of -0.38%.
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