Gujarat Ambuja Exports Stock Sees 5.57% Increase, Rated as 'Sell' by MarketsMOJO

Gujarat Ambuja Exports, a midcap company in the refined oil and vanaspati industry, saw a 5.57% increase in its stock price on October 8th, 2024. However, according to MarketsMOJO, the stock is currently rated as a 'Sell'.

The stock opened at a loss of -2.46% today, hitting a new 52-week low of Rs.119.05. Despite this, it outperformed the sector by 4.69% and showed a trend reversal after two consecutive days of falling. The stock also touched an intraday high of Rs.130.1, a 6.6% increase, and an intraday low of Rs.119.05.

In terms of moving averages, the stock is currently higher than its 5-day moving average but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a mixed trend in the stock's performance.

Compared to the Sensex, Gujarat Ambuja Exports showed a 1-day performance of 5.45% while the Sensex only had a 0.41% performance. In the past month, the stock's performance was -9.53% compared to the Sensex's 0.24%.

It is important to note that this news article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or discuss potential future developments. Investors and experts are advised to conduct their own research and analysis before making any investment decisions.