Gujarat Ambuja Exports Stock Sees Positive Trend, Outperforms Sector by 4.34%

Gujarat Ambuja Exports, a midcap company in the refined oil and vanaspati industry, saw a positive trend in its stock performance on October 9th, 2024. The stock gained 5.02%, outperforming the sector by 4.34%. MarketsMOJO has given a 'Sell' call for the stock.

In terms of price, Gujarat Ambuja Exports reached an intraday high of Rs 137.6, showing a 5.48% increase. The stock has been on a consecutive gain for the past 2 days, with a total return of 12.25% during this period. However, it is currently trading higher than its 5-day, 20-day, and 50-day moving averages, but lower than its 100-day and 200-day moving averages.

In comparison to the Sensex performance, Gujarat Ambuja Exports has outperformed with a 1-day performance of 5.56% versus Sensex's 0.48%. However, in the past month, the stock has seen a decline of -2.34%, while the Sensex has shown a slight increase of 0.57%.

Overall, Gujarat Ambuja Exports has shown a positive trend in its stock performance, but with a 'Sell' call from MarketsMOJO, investors may want to carefully consider their options before making any decisions.