Gujarat Alkalies & Chemicals sees 6.01% increase in stock price, outperforms sector and Sensex

Gujarat Alkalies & Chemicals Ltd, a midcap company in the chemical industry, has seen a 6.01% increase in its stock price on October 10, 2024. This rise in stock price has been attributed to the company's strong performance in the market.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current stock call for Gujarat Alkalies & Chemicals is 'Sell'. However, the company's stock is still performing well, with only a 2.65% difference from its 52-week high of Rs 869.6.

In today's trading, Gujarat Alkalies & Chemicals has outperformed the sector by 4.01%. The stock has also been on a consecutive gain for the last 3 days, with a 7.6% increase in returns during this period. The stock's intraday high was Rs 850.9, a 5.38% increase from its previous close.

Gujarat Alkalies & Chemicals is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In comparison to the Sensex, Gujarat Alkalies & Chemicals has shown a 1-day performance of 7.19%, while the Sensex has only seen a 0.56% increase. In the past month, the company's stock has also outperformed the Sensex with a 1.91% increase compared to the Sensex's 0.01% performance.

Overall, Gujarat Alkalies & Chemicals has shown a strong performance in the market, with its stock price consistently rising and outperforming the sector and Sensex. Investors may want to keep an eye on this midcap company in the chemical industry for potential future growth.